Assessment of the performance persistence of Employee Capital Plans

• Autorzy: Dawid Banaś
• Języki publikacji: EN

Abstrakty

EN

Estimating the future return rates is virtually impossible. However, it is possible to verify whether financial institutions that invest entrusted funds are able to maintain high rates of return for a long time. This phenomenon is referred to as performance persistence, and has become the object of interest of the author of this article in relation to Employee Capital Plans (ECP). A research hypoth- esis was adopted that performance persistence in ECP does occur. It was verified using contingency tables that were created for defined date funds that operate in ECP, using monthly rates of return and the Sharpe index. The results obtained by the author allowed concluding that the performance persistence of rates of return in the case of ECP occurs for a maximum of half of the research period.(original abstract)

Słowa kluczowe

EN

Finance; Occupational Pension Schemes; Savings; Retirement savings; Employee pension programmes

PL

Finanse; Pracownicze Plany Kapitałowe (PPK); Oszczędności; Oszczędności emerytalne; Pracownicze Programy Emerytalne (PPE)

• Czasopismo: Ekonomia - Wroclaw Economic Review
• Rocznik: 2023
• Numer: tom 29, nr 1
• Strony: 69--85

Twórcy

autor

Dawid Banaś

• Poznań University of Economics and Business , Poland

Bibliografia

• Act of November 4, 2018 on Employee Capital Plans (Journal of Laws of 2018 item 2215).
• Analizy.pl (2.11.2022). Fundusze zdefiniowanej daty PPK. Analizy.pl. Retrieved December 28, 2022 from https://www.analizy.pl/fundusze-ppk/notowania?&sortDir=asc&sortCol=nazwa& page=1

Identyfikatory

DOI

10.19195/2084-4093.26.2.1