search query: @author Amir, E. / total: 6
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| Author: | Amir, E. Benartzi, S. |
| Title: | The expected rate of return on pension funds and asset allocation as predictors of portfolio performance |
| Journal: | Accounting Review
1998 : JUL, VOL. 73:3, p. 335-352 |
| Index terms: | ACCOUNTING RATE OF RETURN PENSION FUNDS |
| Language: | eng |
| Abstract: | The authors examine the correlation between the expected rate of return on pension assets (ERR), as reported in the financial statements, and the composition of the pension portfolio, measured as the percent invested in equities (% Equity). The authors' evidence indicates that ERR and % Equity are related, but the relation is rather weak. They also examine whether ERR and % Equity are correlated with future returns on pension assets. Only % Equity is correlated with future pension returns. |
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