| Tekijä: | Ippolito, R. A. |
| Otsikko: | The role of risk in a tax-arbitrage pension portfolio. |
| Lehti: | Financial Analysts' Journal
1990 : JAN/FEB, VOL. 46:1, p. 24-32 |
| Asiasana: | PENSION FUNDS RISK MANAGEMENT PORTFOLIO INVESTMENT TAX LAW USA |
| Kieli: | eng |
| Tiivistelmä: | Role of risk in a tax-arbitrage pension portfolio strategy, examining the role equity plays in a pension portfolio. The tax-arbitrage argument. Impact of US Tax Reform Act. Role of equity in a pension fund. Nature of funding limits. A liability model. Simulation results. Impact of new funding rules. Omnibus Budget Reconciliation Act of 1987. Impact of New Rules. Two Figures and three Tables illustrate the study. |
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