养老金资产的本土化投资偏好分析——OECD国家的投资经验对中国的启示

Analysis on the Localized Investment Preference of Old-age Pension Assets——Enlightenment of the Investment Experience of OECD Countries on China

随着世界各国养老保障体系的完善,养老金资产规模迅速扩大,各国都将规模庞大的养老金资产投资于金融市场进行保值增值。从OECD国家和新兴市场国家两个方面分析了OECD国家养老金资产在进行投资时存在本土化投资偏好的原因。为了借鉴国外养老金投资管理的经验,逐步完善我国养老保障体系,提出一些有关投资管理的政策建议。

As the improvement of the old - age security system in all over the world, the assets size of pension is getting a rapid expansion, the pension assets are invested in the financial markets to maintain and increase assets value. On the aspect of OECD countries and emerging market countries, this paper analyses the pension funds＇ investment preferences of localization and its causes in OECD countries. With the purpose of drawing lessons from the foreign pension plans investment and management, perfecting the old-age security system in China, the paper give some suggestions about the investment and management of the pension plans.