Strategy Portfolio Of Pension Funds

Pension is a safety valve to maintain social stability. The adequate Payment capacity of pension is the key to ensure operation quality of safety valve. The adequate Payment capacity of pension is the key to prevent the generation of running risks of revenue-expenditure of pension. China is at the accelerated development stage of aging. With the rising of the proportion of the aging population and the declining of the proportion of the working population, taking into account the balance of payments pressures to raise the proportion of China’s future pension changes and faced for control and mitigate the risk of future pension payments, must enhance the ability to accumulate pension payments, must increase the value of pension funds targeting pension fund portfolio optimization, improve pension fund investment management.This paper focuses on studies of pension fund investment portfolio strategy, including aspects such content.Firstly, through our pension fund portfolios realistic analysis, the course introduces the institution building and the status quo of China’s pension fund investment, and a detailed discussion of China’s total pension fund investments, structure and earnings at the same time by means of a large number of display data, on China’s current pension investment operations to the overall evaluation of the situation; Secondly, our pension fund portfolios empirical analysis. This paper selects bank deposits, bonds, open-end funds, stocks of these four investment vehicles as the research object, this yields four pension fund investment vehicles and combinations, standard deviation and correlation analysis, the use of the capital asset pricing model to calculate the capital market line; the final results of empirical research to analyze the three components of our pension funds were raised specifically targeted to optimize the investment of pension fund portfolio strategy recommendations.