出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：The paper analyzes the investment strategies adopted by the private pension funds in Romania. The first part of the paper examines the main characteristics of the private pension fund system. Further, the financial instruments that have the greatest impact on the value of the fund unit are shown. In order to achieve that goal, information about the value of the fund unit and the structure of the investments made by these pension funds have been used. Government bonds, bank deposits, corporate bonds and shares have proven to have the most statistically significant impact on the value of the fund unit.
