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Pension Fund Managers Behavior In The Foreign Exchange Market

Hernando
Vargas-Herrera
Rocío
Betancourt-García
Sábado, 1 Abril 2006

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