International records / OpenAlex research

Moderating Effect of Risk Management on Pension Fund Investment Strategies and Financial Performance of Pension Fund Administrators (PFAs) in Nigeria

Risk management plays a moderating role by ensuring that the inherent risks associated with asset classes such as equities, real estate, and offshore investments are properly identified, quantified, monitored, and controlled. In the Nigerian context, the limited uptake of risk-based asset allocation frameworks hinders the ability of PFAs to exploit high-yield investment opportunities. The study examined whether risk management has moderating effect in the relationship between pension fund investment strategies and performance of pension fund administration (PFAs) in Nigeria. An ex-post-facto r…