We investigate the performance of Canadian pension funds relative to those from the UK and US, in the light of the ongoing quantitative asset restrictions that still apply in Canada, compared with the purer prudent person approach in the UK and US. We find that although Canadian funds often...

This paper explores the relationship between demographics and aggregate financial asset prices in 7OECD countries over the past 50 years. Unlike most extant work it adopts an international as well asUS focus, and also includes non-demographic variables usually considered to influence asset...