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Does the Asset Manager's Nationality Influence the Occupational Pension Fund Performance?

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  • Andrea Lippi

Abstract

This paper examines the relationship between asset managers' nationality and the Italian occupational pension funds extending the existing literature on the topic. We use a double analysis methodology, targeted at single- and multiple-managers, distinguishing between Italian and/or foreign professional managers. The results obtained show how asset manager's nationality impacts differently on managed pension funds' performance according to the different investment line risk level, opening debate on asset managers' management skills.

Suggested Citation

  • Andrea Lippi, 2016. "Does the Asset Manager's Nationality Influence the Occupational Pension Fund Performance?," Business and Economic Research, Macrothink Institute, vol. 6(2), pages 176-196, December.
    • Handle: RePEc:mth:ber888:v:6:y:2016:i:2:p:176-196
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    References listed on IDEAS

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    More about this item

    Keywords

    Pension funds; Single-manager; Multiple-manager; Nationality bias; Pension funds performance;
    All these keywords.

    JEL classification:

    • G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles
    • G00 - Financial Economics - - General - - - General
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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