We estimate the risk and expected returns of private equity investments based on the market prices of exchange traded … equity funds. -- Private Equity ; Listed Private Equity ; Risk-Return Characteristics ; Funds of Funds …

uncertainty is time-varying, and (2) countries have heterogeneous exposures to a world aggregate shock. We embed these features in …

uncertainty is time-varying, and (2) countries have heterogeneous exposures to a world aggregate shock. We embed these features in …

expected retirement incomes, with smaller risk of catastrophic investment shortfalls, if they invested part of their retirement … strategies would also have reduced the risk of catastrophically poor investment performance. In all countries, retirement savers … risk of very small pensions than savers who restrict their investments to the domestic stock and bond funds …