EVALUASI KINERJA PORTOFOLIO INVESTASI PERUSAHAAN ASURANSI JIWA

Satiti, Novita Ratna (2010) EVALUASI KINERJA PORTOFOLIO INVESTASI PERUSAHAAN ASURANSI JIWA. Other thesis, University of Muhammadiyah Malang.

[img]
Preview
Text
EVALUASI_KINERJA_PORTOFOLIO_INVESTASI.pdf

Download (55kB) | Preview

Abstract

The research was held according to the phenomenon of investment growth in Indonesia through Life Insurance Company. Some of Life Insurance Company that has the best investment returns which is PT Prudential Life and AIA Financial have branches on every city in Indonesia includes Malang City, one of many city that has a very good investment growth. The Insurance Companies are able to collect funds as insurance premium which is not in a little amount. Re-investment the funds that has been collect are the main source of significant economic growth. The fund that has been collect by the insurance companies will be invest to the mutual fund and fund manager will manage this investment in several investment portfolio instrument or others financial product. Unit Link Investment can only be found in Life Insurance Companies. Commonly, the companies that give unit link service have different investment portfolio instruments to mutual fund. Unit link combine the Insurance and investment, some of the funds are used for protection, and some are used for investment directly under fund manager through investment portfolio instrument. Commonly for Investment portfolio investment that used by mutual fund are Stocks / IDR Equity Fund, Fixed Income Mutual Fund / IDR Fixed Income Fund, Money Market Mutual Fund / IDR Money Market Fund, and Balanced Mutual Fund / IDR Balanced Fund. Clients fund will be managed as the client requests. In order to evaluate investment portfolio performance on Mutual Fund can be notice on the changes in Net Asset Value, beside that, there are four others dimension, which is; reward, risk, cost and timing. The first thing to do in order to evaluate investment portfolio is determine the time or sub period to analyze, then calculate the sub period performance, calculate the market risk by Deviation Standard and Beta. The purposes of the research are to study the performance of investment from the Life Insurance Companies that have branches in Malang City, and to study which of the Life Insurance Companies that have the best unit link investment return in each investment portfolio instrument. Analysis method that used are Sharpe and Treynor. After analyzed by Sharpe and Treynor, the next step is to calculate and to compare each result companies with Multivarians Analysis. The result of Net Asset Value Analysis on 2005 until 2009 for PT Prudential Life Indonesia and PT AIA Financial Indonesia, the researcher conclude that PT AIA Financial investment performance are better from PT Prudential Life because PT AIA Financial have a less risk in investment of the same Net Asset Value Performance.

Item Type: Thesis (Other)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economic > Department of Accounting
Depositing User: Rayi Tegar Pamungkas
Date Deposited: 27 Mar 2012 02:24
Last Modified: 27 Mar 2012 02:24
URI: http://eprints.umm.ac.id/id/eprint/1160

Actions (login required)

View Item View Item