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Pension Funds in Spain, 1991-2007 (Fondos de Pensiones en España)
Pablo Fernandez University of Navarra - IESE Business School Vicente J. Bermejo Universidad de Navarra - IESE Business School March 25, 2008 Abstract: During the last 10 and 17 years, the average return of the pension funds in Spain was lower than the return of Government Bonds. Nevertheless, on December 31, 2007, 10.4 million investors in the 3,185 existing pension funds had 86,6 billion euros.
Note: Downloadable document is in Spanish. Keywords: pension funds, fondos de pensiones, fondos de inversion, INVERCO, Spain, benchmark JEL Classifications: G12, G31, M21 Working Paper SeriesDate posted: March 04, 2008 ; Last revised: March 28, 2008Suggested CitationContact Information
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