THE RELATIONSHIP BETWEEN RISK AND RETURN IN THE LIGHT OF THE HUNGARIAN PRIVATE PENSION SYSTEM’S PERFORMANCE

Hungary was one of the few countries, who has taken the decision to introduce – from 2007 optionally, from 2009 compulsory – multiple risk portfolios in the private pension pillar. The primary aim of the “Life-cycle” portfolio system is that the members could choose from three different portfolios a...

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Bibliographic Details
Main Authors: Dóra Havay, Jenő Konecsny
Format: Article
Language:English
Published: Social Sciences Research Society 2011-01-01
Series:International Journal of Economics and Finance Studies
Online Access:http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/2011_1/07dora_havay.pdf