Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
to compute the total returns we need the investment horizon reinvestment rate and the price of the bond at the end of the investment
the chinese pension fund systemmainland china has a rapidly aging population this is attributable to two main factors - the one-child policy plus
the japanese pension fund systemthe japanese pension system is a multi-pillar system public and private pension schemes are the two important pillars
the us pension fund systemthe us corporate pension system has matured along with the countrys demographic cycle it consists of both defined benefit
a trade is assessed on the basis of its performance performance can be defined as the expected total return over and above the investment
the uk pension fund systemthe uk pension system is a three pillar pension system a flat-rate first-tier pension is provided by the state and is known
repo rates vary from transaction to transaction they depend upon a variety of factors likecollaterals qualityrepo
when a borrower uses repo market for fund financing he has to deliver the securities to the lender one way to do this is to deliver the
pension fund management a global perspectivepension funds are known worldwide more for their social security element they have assumed more
the collaterals used in the repo market are high quality securities but they are also not free from credit risk in our earlier example we
repurchase agreement is a contract wherein the seller of a security agrees to buy back the same security from the purchaser at a
organizational structure of pension fundsin an investment organization such as pension funds endowments life and casualty insurance companies the
leveraging can be described as an investing principle where funds are borrowed to invest in a part of the securities the manager hopes to
role of trustee in pension fundtrustees are people in control of long-term asset allocation of a pension scheme whatever benchmark they set will as
optimal portfolio selectionthe next step involves selecting the optimal portfolio the strategic asset allocation will have overriding importance in
portfolio diversificationthe objectives of diversification are toreduce the variability of the funds total returnreduce the exposure to any single
credit analysis is the financial analysis used for determining the creditworthiness of an issuer using various quantitative and qualitative
investment objectivesany investment should always start with identifying its objective thus the first step in the pension fund investment management
pension fund managementpension fund systems ought to be carefully designed and supervised to make sure that their purposes are met the economic
liabilitiesthe company must take into account the nature of its liabilities as well as its solvency positioncash flows besides the investment yields
assetspension insurance companies assets can be divided into five main investment classes cash long-term bonds stocks property and loans the total
the key parameters taken into account while rating a debt instrument are as follows1 industry evaluation - this involves an
defined contribution plansin defined contribution plans the contributions made by or on behalf of the employee are accumulated and paid on retirement
the following guidelines are applicable for the issue of fully convertible debentures fcds partly convertible debentures pcds
based on the period involved in repayment of the debt obligations the debt instruments could be classified into long-medium-short-term