Assets and Liabilities Management: A Determinant of Financial Performance of Pension Funds Administrators (PFAs)

Moses Tunde Oyerinde, Folake Feyisayo Olowokudejo and Musa Adebayo Obalola
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Moses Tunde Oyerinde: University of Lagos, Lagos-Nigeria
Folake Feyisayo Olowokudejo: University of Lagos, Lagos-Nigeria
Musa Adebayo Obalola: University of Lagos, Lagos-Nigeria

Economics and Applied Informatics, 2024, issue 3, 46-54

Abstract: The financial performance of pension fund administrators is greatly influenced by their ability to effectively manage assets and liabilities. Therefore, this study aims to investigate asset and liability management on financial performance, focusing on the relationship between Asset Liability Management and the profitability of Pension Funds Administration (PFA) in Nigeria. The research utilized a convenience sampling method and collected data from secondary sources (e-view). The research design adopted was Expost factor, and the cross-sectional data was sourced from 12-PFA companies, covering the years 2010-2021. Descriptive analysis and inferential statistics, including stationarity tests and correlation analysis, were conducted to assess the suitability of the data. Additionally, Hausman's zest was performed to validate the hypothesis. The findings indicate that the variables adequately represent and demonstrate the relationship between asset liability management and the profitability of pension fund companies. Thus, this paper provides empirical evidence that the effects of asset and liability management have an overall impact on the financial performance of Pension fund administration in Nigeria.

Keywords: Assets; Administration; financial; liability; management; and pension fund (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2024:i:3:p:46-54

DOI: 10.35219/eai15840409429

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