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The risk–return profile of Lithuanian private pension funds
Ekonomska Istrazivanja-Economic Research
The introduction of a private pension funds in conjunction with the public social security system is the essence of pension system reform that was implemented in Lithuania. The performance of private funds is mainly presented by fund's net asset value and few classical risk estimates. Such evaluation shows the management company's ability to profitably invest funds, but does not give the evidential riskreturn evaluation. This paper refers to the overall statistical analysis of 26 privatedoi:10.1080/1331677x.2017.1383169 fatcat:cv7a4sba25fm5m2zhro3mhkoue