Pension fund managers behavior in the foreign exchange market

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Borradores de Economía; No. 391

Date published

2006-04-10

Date

2006-04-10

Authors

Vargas-Herrera, Hernando
Betancourt-García, Yanneth Rocío

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ISSN

ISBN

Document language

spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

The effects of the Pension Fund Managers (PFMs) behavior on the foreign exchange market may be important, given the increasing size of their portfolio and their possible market power. Some authors argue that when big investors like PFMs trade large volume

Description

JEL Codes

G23 - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

Temática

Keywords

Keywords

Pension funds , Foreign exchange market , Market power

Citation

URI

https://repositorio.banrep.gov.co/handle/20.500.12134/5409
 https://hdl.handle.net/20.500.12134/5409
 https://ideas.repec.org/p/bdr/borrec/391.html
 https://doi.org/10.32468/be.391

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Borradores de Economía

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