C-Quadrat Ampega Asset Management Armenia awards EUR 1000 to students for their thesis works in pension economics and asset management
11.09.2020
C-Quadrat Ampega Asset Management Armenia in cooperation with the Armenian Economic Association organized an online student conference on August 28, 2020 where students and recent graduates presented their research on the topics of pension economics and asset management. Two nominees, Mr. Arman Zhamharyan and Ms. Yana Hovsepyan, were awarded the C-Quadrat Ampega Student Award with a prize of EUR 500 each. Other shortlisted candidates from Central European University, Fachhochschule des BFI Wien and American University of Armenia have conducted research on asset pricing and stock price returns. Among the invited speakers were Sergio Nisticò, Professor of Economics as well as Professor Tito Boeri.
Mr. Arman Zhamharyan, a recent graduate of Goethe University Frankfurt has commented his thesis on “Asset Allocation for Phased Withdrawal Plans” saying: “In my work I compare several pension plans to each other and to a benchmark annuity with respect to their returns, risk, and bequest potential. The main finding of the paper is that there is no dominant strategy, and the optimal plan depends on the time horizon, risk appetite, and perceived importance of leaving a bequest to the retiree. Furthermore, by selecting the right plan and asset allocation, it is possible to tailor pension plans to specific needs.”
Yana Hovsepyan, the next awardee, mentioned the satisfaction of working with real time data about Armenia: “Behavioral economics has always been of interest to me and connecting it to pension funds and understanding what drives people when making a decision was a good challenge. Results, even if a little surprising, could help better understand the people and make the process of adapting to new reforms much smoother.”
To read the full papers:
Latest news
Calculation and publication of the net asset value (NAV) of the Funds
23.12.2020Please be informed that December 24-25 are non-working days for our fund administrator Raiffeisen Bank International AG, who calculates the net asset values (NAV) of the Fixed, Conservative and Balanced Pension Funds as well as CQ Armenia Growth Investment Fund managed by C-QUADRAT Ampega Asset Management Armenia LLC.
Read moreCalculation and publication of the net asset value (NAV) of the Funds
08.12.2020Please be informed that December 8 is a non-working day for our fund administrator Raiffeisen Bank International AG, who calculates the net asset values (NAV) of the Fixed, Conservative and Balanced Pension Funds as well as CQ Armenia Growth Investment Fund managed by C-QUADRAT Ampega Asset Management Armenia LLC.
Read moreCalculation and publication of the net asset value (NAV) of the Funds
26.10.2020Please be informed that October 26th is a non-working day for our fund administrator Raiffeisen Bank International AG, who calculates the net asset values (NAV) of the Fixed, Conservative and Balanced Pension Funds as well as CQ Armenia Growth Investment Fund managed by C-QUADRAT Ampega Asset Management Armenia LLC.
Read moreFunding on the feet of Mount Ararat
26.08.2020The chairman of the supervisory board of C-Quadrat Ampega Asset Management Armenia and an old friend of Armenia, Ernst-Ludwig Drayss, discussed the specialties of Armenia’s funded pension system, as well as its advantages with the German journal, Portfolio Institutionell.