Ontology highlight
ABSTRACT:
SUBMITTER: Cadoni M
PROVIDER: S-EPMC4473272 | biostudies-literature | 2015
REPOSITORIES: biostudies-literature
Cadoni Marinella M Melis Roberta R Trudda Alessandro A
PloS one 20150618 6
It has been argued that pension funds should have limitations on their asset allocation, based on the risk profile of the different financial instruments available on the financial markets. This issue proves to be highly relevant at times of market crisis, when a regulation establishing limits to risk taking for pension funds could prevent defaults. In this paper we present a framework for evaluating the risk level of a single financial instrument or a portfolio. By assuming that the log asset r ...[more]