TY  - BOOK
AU  - Clement Sialm
AU  - Hanjiang Zhang
TI  - Defined Contribution Pension Plans and Mutual Fund Flows
PY  - 2018///-07-25
KW  - Finance
KW  -  Investments
KW  -  Pension Plans
KW  - Mutual fund flows
N2  - Defined contribution pension plans constitute an important component of mutual fund assets. Flows into DC plans depend on the decisions of plan sponsors and plan participants. The Sponsors select the investment menus made available to employees and the participants decide how to allocate their retirement savings across the investment options. We examine the flows to mutual funds within DC pension plans and contrast these flows with flows from other mutual fund clienteles. We find that flows into funds from DC plans exhibit more performance sensitivity than do flows from non-DC investors
ER  -