Investment Performance of Corporate Pension Plans Why They Do Not Beat the Market Regularly

The authors argue that the principle causes of the poor performance record of pension plan investments are frequent portfolio reallocations and high turnover. They show that these twin strategies act more to incur unnecessary costs than to enhance profits. They proceed to develop a new concept for pension fund diversification, one that will achieve the goals the present strategies have failed to achieve. Must reading for pension fund executives, corporate money managers, and bank trust officers, this book is also a significant addition to the finance and investing curriculum.Berkowitz, Stephen A. is the author of 'Investment Performance of Corporate Pension Plans Why They Do Not Beat the Market Regularly' with ISBN 9780899302249 and ISBN 0899302246.