000 01141nam a2200205Ia 4500
008 210223s9999 xx 00 und d
100 _aClement Sialm
_9265
520 _aDefined 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.
650 _aFinance
_9266
654 _a Investments
654 _a Pension Plans
654 _aMutual fund flows
773 _tJOURNAL OF INVESTMENT MANAGEMENT
942 _cAR
245 _aDefined Contribution Pension Plans and Mutual Fund Flows
260 _c2018-07-25
300 _a15
440 _p3
_v16
_9267
700 _aHanjiang Zhang
_aLaura Starks
_9268
999 _c35874
_d35874