Global Pension Crisis

Unfunded Liabilities and How We Can Fill the Gap

51phFPwAztL._SY291_BO1,204,203,200_QL40_ Author Richard A. Marin
Isbn 9781118582367
File size 37MB
Year 2013
Pages 240
Language English
File format PDF
Category Economics

Book Description:

In Dr. Marin's words, the retired generation, "These are builders of your country and they deserve a long and healthy life and a decent retirement. They are, indeed, your parents" - speaks his heart.
The framework discussed in the book using demographics and GDP projections estimates the pension fund gap and pension burden the world is going to face in the next 40 years. The book looks at alternative investments like hedge funds that offer higher returns along with stocks and bonds to fill the pension gap. Also the investment strategies discussed range from (1) securities lending to enhance returns along with associated risks of rehypothecation, to the (2) "Synthetic Funds" flow arbitrage strategy using structured finance products to capture arbitrage between Mutual funds and Index (whole market).

The book is timely and helps better manage wealth.

 

 

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