TAILIEUCHUNG - Asset allocation and strategies on investment portfolio performance: A study on the implementation of employee pension fund in Indonesia

This study aims to analyze the ability to determine the weight of securities of stocks, bonds, mutual funds and deposits in the implementation of employer pension funds in Indonesia based on variables of asset allocation, portfolio turnover, board size, institutional ownership and diversification of the portfolio performance. | Asset allocation and strategies on investment portfolio performance A study on the implementation of employee pension fund in Indonesia Accounting 6 2020 Contents lists available at GrowingScience Accounting homepage ac Asset allocation and strategies on investment portfolio performance A study on the implementation of employee pension fund in Indonesia Sugeng Wahyudia Hasanudinb and Irene Rini Demi Pangestutia aDiponegoro University Semarang Indonesia b National University Jakarta Indonesia CHRONICLE ABSTRACT Article history This study aims to analyze the ability to determine the weight of securities of stocks bonds mutual Received March 9 2020 funds and deposits in the implementation of employer pension funds in Indonesia based on variables Received in revised format March of asset allocation portfolio turnover board size institutional ownership and diversification of the 15 2020 portfolio performance. The data collection method used was non-participant observation. By using a Accepted May 18 2020 Available online data pooling technique which combined time series data over period 2016-2018 and a cross section May 18 2020 data of 64 Employer Pension Funds DPPK Employer Pension Funds 192 observed analysis units Keywords were obtained. The effect of the variables was analyzed by using Structural Equation Modeling path Asset allocation as the analysis technique and using LISREL Linear Structural Relationships program. The test results Turnover showed that the asset allocation strategy had a positive effect on the investment portfolio performance. Board size The same also happened to institutional ownership and diversification variables which also had a Institutional ownership positive and significant effect on the investment portfolio performance. However this study showed Diversification that there was no positive effect on the board size and portfolio turnover on the investment portfolio Portfolio Performance performance. .

• Kế toán - Kiểm toán
• Weight of securities of stocks
• Employer pension funds
• Diversification of the portfolio performance
• Investment portfolio performance
• Employer Pension Funds