Defined contribution pension plans : mutual fund asset allocation changes

In this paper we compare changes in asset allocations between mutual funds held in defined contribution pension plans and funds held by other investors. We investigate how flows into equity and fixed income mutual funds depend on macroeconomic conditions. We find that defined contribution plans reac...

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Bibliographic Details
Main Authors: Sialm, Clemens, Starks, Laura, Zhang, Hanjiang
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2015
Subjects:
Online Access:https://hdl.handle.net/10356/105694
http://hdl.handle.net/10220/26031
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Institution: Nanyang Technological University
Language: English

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