Pension funds are losing billions annually due to end of month trading
Tuesday, June 30, 2015 - 14:20
in Mathematics & Economics
Pension funds around the world could be losing out on billions of euros and dollars of the stock market gains they would have made because they are obliged to sell part of their portfolios before the end of each month. Researchers found this phenomenon to be widespread across 26 stock markets from 1980 to 2013.