Abstract
This article aims to estimate the beta risk of pension funds managedby pension fund managers in Chile for the 2002 - 2012 time period.The characterization, consistency and stability of the beta risk forthese funds are analyzed with the help of the minimum squares, Blume and Vasicek methods. The results conclude that the beta index is a good measure to determine how risky can an investment be, which proves that pension funds tend to have a defensive behavior given the nature of the investment portfolios.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
