The Study On The Investment Model Of Chinese Social Endowment Insurance Fund

To solve the problem of investment model in China’s social endowment insurance fundinvestment and realize the goal of maintaining and increasing the value of social endowmentinsurance fund, this paper uses the basic theory of social security, finance and economics,combines with portfolio theory, principal-agent theory and capital asset pricing model,applying them to social endowment insurance fund investment model. In the countries withwell-developed capital market, there are several typical investment model. For the investmentmodel of Chinese social endowment insurance fund, there are some problems, such as asingle fund investment source, low efficiency in investment operations and lack ofprofessional investment management. Based on summarizing the successful experience indeveloped countries for reference, we should carry out the diversified and specializedinvestment model which confirms interaction development of social endowment insurancefund t and capital market.