中国养老保险基金不同资产投资收益分析  

Benefit Analysis of Different Assets Investment of China's Endowment Insurance Fund

作　　者：张兴[1] 

机构地区：[1]人力资源和社会保障部社会保障研究所,北京100029

出　　处：《经济与管理》2011年第4期25-31,共7页Economy and Management

摘　　要：资产收益率与经济周期之间存在密切联系。在经济周期的不同阶段,养老保险基金的资产配置结构和比例要作相应的调整,同时应关注金融产品所处行业对收益率的影响。而且,由于中国资本市场尚不成熟,养老保险基金可以适度介入实业投资,主要包括战略型产业、公用事业型产业和成长创新型产业,以实现基金保值增值,维护国家产业安全、分享经济发展成果、推动国家创新战略的目的。There exists close ties between the economic cycle and the return rate on assets.During the different stages in the economic cycle,the allocation structure and proportion of the pension fund should be adjusted accordingly.At the same time,we should concern on the influence on yield of financial products industry.Furthermore,due to the immature of capital market,pension fund should appropriately intervene in industrial investment,including strategic-oriented industries,utility-based industries and innovation-based growth industries,in order to realize the maintenance and appreciation of value of pension,maintain the security of national industries,share the fruits of economic development and promote the national innovation strategy.

关 键 词：养老保险 基金 投资 

分 类 号：F840.67[经济管理—保险]