Risk analysis of the proxy life-cycle investments in the second pillar pension scheme in Croatia

Risk analysis of the proxy life-cycle investments in the second pillar pension scheme in Croatia

In this article we analyze the expected risk of pension funds with different risk profiles in the proxy life-cycle model of investments for the 2nd pillar pension scheme in Croatia. The benefits of implementing proxy life-cycle investments, compared to the previous model o...

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Bibliographic Details
Main Authors:	Renata Kovačević, Mladen Latković
Format:	Article
Language:	English
Published:	Institute of Public Finance 2015-03-01
Series:	Financial Theory and Practice
Subjects:	defined contribution system; pension funds; life-cycle investing; portfolio risk
Online Access:	http://fintp.ijf.hr/upload/files/ftp/2015/1/kovacevic_latkovic.pdf

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