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- Title
Análisis de los fondos de inversión y de pensiones en España: evolución y eficiencia en la gestión.
- Authors
Alda García, Mercedes; Ferruz Agudo, Luis; Reñé, Ruth Vicente
- Abstract
Mutual funds and pension funds are the most important investment products in Spain. Nonetheless, it should not be confused with each other, or take them as equivalent; since the latter have also the characteristic of a long-term savings product, in order to obtain additional funds for retirement. These differences may influence the investor when deciding on one of these instruments, but also the manager, developing different management strategies. Therefore, on this paper we examine the main magnitudes of both markets in Spain. Moreover, we analyze the performance of two Spanish fund samples (one with global equity mutual funds and another with global equity pension funds) with the purpose of showing if their performance is efficient, and if there are differences on their management.
- Publication
Contabilidad y Negocios, 2012, Vol 7, Issue 13, p33
- ISSN
1992-1896
- Publication type
Article
- DOI
10.18800/contabilidad.201201.003