The Effects of Investment Regulations on Pension Funds Performance in Brazil.

Format:

Book

Author/Creator:

Morais, Michel Martins de.

Language:

English

Subjects (All):

Pension trusts.

Asset allocation.

Physical Description:

1 online resource (48 pages)

Edition:

1st ed.

Place of Publication:

Belo Horizonte : Editora Dialética, 2020.

Summary:

This book provides an in-depth analysis of the challenges and regulatory constraints faced by Brazilian pension funds, particularly in the context of international investment limitations. It examines the impact of these regulations on the performance of pension funds and explores potential strategies for optimizing asset allocation. The study utilizes data from 2004 to 2006 to evaluate the effects of investment rules on risk-return trade-offs. The book discusses the need for regulatory adjustments to enhance investment flexibility in response to changing interest rate environments. It is aimed at professionals and academics interested in pension fund management and investment strategies. Generated by AI.

Contents:

SUMÁRIO

1 EXECUTIVE SUMMARY

2 INDUSTRY OVERVIEW

2.1 Introduction

2.2 Latest developments

2.3 The current Brazilian pension situation

2.3.1 Are restrictions on international investment and on operations between pension funds watertight legal requirements?

3 THE PROBLEM

3.1 Introduction

3.2 A few words on the evaluation of the possible costs of investment regulations

3.3 Methodologies and forms of analysis

3.4 Data sources

3.5 Academic and professional literature

4 TESTING AND ANALYSIS

4.1 Performance across pension funds

4.1.1 Asset allocation

4.1.2 Conclusion

4.2 Performance against market indexes

4.2.1 The traditional portfolio

4.2.2 The risk-matching portfolio

4.2.3 The return-matching portfolio

4.3 Performance against basic investment instruments

4.4 The impact of including the possibility to invest in foreign shares in the optimal asset allocation model

4.4.1 The risk-matching portfolio

4.4.2 The return-matching portfolio

4.5 Conclusion

5 CONCLUSION

REFERENCES

APPENDIX 1

APPENDIX 2 Generated by AI.

Notes:

Description based on publisher supplied metadata and other sources.

Part of the metadata in this record was created by AI, based on the text of the resource.

ISBN:

9786588066119

OCLC:

1433226371