摘要
本文研究通过资产组合保险改善我国养老基金运营效果的途径。资产组合保险是一种动态交易的风险管理策略,通过将养老基金在风险性资产和无风险资产中分配,并根据市场情况及时调整头寸,可以避免风险性投资中的可能损失,使投资的安全性和收益性都得到保证,从而使养老计划取得成功。
In this paper, portfolio insurance is introduced to improve the operating results for pension funds in China. Portfolio insurance is a dynamic trading strategy for risk management. By shifting funds between a risky portfolio and a riskless asset, the possible loss of risky investment can be avoided. Pension fund investments will be safe and profitable , which can make pension programs successful.
