Pension Fund Management, Investment Performance, and Herding in the Context of Regulatory Changes: New Evidence from the Polish Pension System
The aim of this paper is to assess the impact of reforms introduced in the operation of Polish open pension funds on management style, risk exposure and related investment performance. The article analyzes the impact of the reformed regulations on the herd behavior of fund managers. In particular, w...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-12-01
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Series: | Risks |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-9091/9/1/6 |