Investment Performance of Voluntary Pension Funds’ Portfolios
Investment Performance of Voluntary Pension Funds’ Portfolios
Author(s): Milena BenevaSubject(s): Economy, National Economy, Micro-Economics, Financial Markets, ICT Information and Communications Technologies
Published by: Съюз на учените - Варна
Keywords: investment portfolio performance; risk – adjusted return; asset allocation; voluntary pension funds; long-term saving
Summary/Abstract: To ensure adequate retirement income it is usually recommended to save „more and for longer periods”. However, this is not enough. Consumers often overlook the importance of long-term returns on retirement investments. At the same time, the Bulgarians award a lower assessment for the market performance of the services „investment products and private personal pensions” compared to the average for the European Union.The present research aims to analyze the investment results of the voluntary pension funds in Bulgaria for the decade, marked by unprecedented low interest rates and pandemic.
Journal: Известия на Съюза на учените - Варна. Серия Икономически науки
- Issue Year: 12/2023
- Issue No: 1
- Page Range: 251-261
- Page Count: 11
- Language: English
