Pension Fund Investment from Ageing to Emerging Markets
• The rapid ageing of populations in the rich economies can be expected to stimulate strong growth in private funded pensions, providing a massive potential of foreign finance for developing countries. • Pension managers can reap big diversification benefits by investing on the emerging stock market...
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Format: | eBook |
Language: | English |
Published: |
Paris
OECD Publishing
1995
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Series: | OECD Development Centre Policy Briefs
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Collection: | OECD Books and Papers - Collection details see MPG.ReNa |
Summary: | • The rapid ageing of populations in the rich economies can be expected to stimulate strong growth in private funded pensions, providing a massive potential of foreign finance for developing countries. • Pension managers can reap big diversification benefits by investing on the emerging stock markets of the younger economies, benefits which are largely unexploited so far. • The authorities in OECD countries should consider removing regulatory constraints imposed on pension assets that deprive retirees from the pension-improving benefits of global diversification. • Policy makers in developing countries should design policies that reassure institutional investors on default risk and stock market illiquidity, if they want to tap a higher share of OECD pension assets |
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Physical Description: | 28 p. 21 x 29.7cm |