Tekijä:Bodie, Z.
Otsikko:The ABO, the PBO and pension investment policy
Lehti:Financial Analysts' Journal
1990 : SEP-OCT, VOL. 46:5, p. 27-34
Asiasana:PENSION FUNDS
EQUITY PORTFOLIOS
INSTITUTIONAL INVESTORS
Kieli:eng
Tiivistelmä:Analysis of pension fund investment policy related to projected benefit and accumulated benefit obligations. Defined benefit pension liabilities. Contingent claim. Options on pension liability. Immunizing the corporate guarantee. Overfunding and contingent immunization. Investing in equities. Underfunded plans. Investment policy in practice. Future trends. A Table illustrates the study and a glossary of terms is given.
SCIMA tietueen numero: 85454
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