ARE EXCESSIVE LEGISLATIVE RESTRICTIONS OF PENSION FUND’S INVESTMENTS REQUIRED TO ENSURE THESE FUNDS’ OPERATIONAL STABILITY AND MINIMUM GUARANTED RETURN?

In this paper, it is investigated whether government, when promises pension fund’s members a so-calledminimum guaranteed return, to reduce the exposure of members to financial risks , should at the same timehinders portfolio diversification process of pension funds. We provide a detailed analysis of...

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Bibliographic Details

Published in:	Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Main Authors:	TANJA MARKOVIC HRIBERNIK, IGOR JAKOPANEC
Format:	Article
Language:	English
Published:	Academica Brâncuşi 2013-02-01
Subjects:	Pension funds financial risks minimum guaranteed return asset-liability management
Online Access:	http://www.utgjiu.ro/revista/ec/pdf/2013-01/5_Tanja%20Markovic%20Hribernik.pdf