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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Main Authors: | Sialm, Clemens, Starks, Laura, Zhang, Hanjiang |
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Other Authors: | Nanyang Business School |
Format: | Article |
Language: | English |
Published: |
2015
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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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