Have scale effects on cost margins of pension fund investment portfolios disappeared?
Author:
Affiliation:
1. De Nederlandsche Bank, Amsterdam, The Netherlands
2. School of Economics, Utrecht University, Utrecht, The Netherlands
Publisher
Informa UK Limited
Subject
Economics and Econometrics
Link
https://www.tandfonline.com/doi/pdf/10.1080/00036846.2022.2030857
Reference33 articles.
1. X-efficiency and economies of scale in pension fund administration and investment
2. Can Large Pension Funds Beat the Market? Asset Allocation, Market Timing, Security Selection, and the Limits of Liquidity
3. New evidence on pension plan design and administrative expenses: the Australian experience
4. Pension Fund Performance and Costs: Small is Beautiful
5. Is There an Optimal Pension Fund Size? A Scale-Economy Analysis of Administrative and Investment Costs
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