Pension Fund Managers Behavior In The Foreign Exchange Market

Borradores de Economia
Number: 
391
DOI: 
https://doi.org/10.32468/be.391
Published: 
Authors:
Hernando Vargas-Herrera,
Yanneth Rocío Betancourt-García
Classification JEL: 
G23, F31, D43
Keywords: 
Pension funds, Foreign exchange market, Market power
Download document

The most recent

Wage dynamics, Unemployment, and Inflation: Enhancing 4GM Semi-Structural Model
Mario Andrés Ramos-Veloza, Sara Naranjo-Saldarriaga, José Pulido
Sentiment and Uncertainty Indices from economic news in Colombia
Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez
Mobile Wallets and other payment services: regional gaps and their adoption in Colombia
Constanza Martínez-Ventura, Ligia Alba Melo-Becerra

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