Pension Funds in Spain, 1991-2007 (Fondos de Pensiones en España)
University of Navarra - IESE Business School
Vicente J. Bermejo-Boixareu
Universidad Carlos III
March 25, 2008
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.
Number of Pages in PDF File: 24
Keywords: pension funds, fondos de pensiones, fondos de inversion, INVERCO, Spain, benchmark
JEL Classification: G12, G31, M21working papers series
Date posted: March 4, 2008 ; Last revised: March 28, 2008
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