Evidence of active management of private voluntary pension funds in Colombia: a performance analysis using proxy ETFs
The purpose of this study is to find evidence that shows that either active management of private pension funds in Colombia actually adds value to the investors or, on the contrary, investors would achieve better results if they invested in passively managed products such as, for example, an ETF (Ex...
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Format: | Article |
Language: | Spanish |
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Universidad ICESI
2010-04-01
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Series: | Estudios Gerenciales |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S0123592310701108 |