经济全球化背景下主权财富基金的投资组合分析

Investment Portfolio Analysis of Sovereign Wealth Funds in the Context of Economic Globalization

主权财富基金由主权国家政府控制和支配,用于长期投资,作为国际金融体系中的重要一环,在经济全球化背景下正快速发展。我国于2007年成立中国投资有限责任公司,开展国家外汇资金多元化投资业务,为了提高投资效益,开展了主权财富基金投资组合研究。本文先对国内外研究现状进行了纵览,再设定主权财富基金的投资行为模式,构建博弈型模型,将真实数据代入其中,模拟得到投资组合方案,并结合国际热点,与实际投资组合进行比较分析,以期对实际投资实践提供参考。

Sovereign wealth funds are controlled and controlled by sovereign governments for long-term investment.As an important part of the international financial system,they are rapidly developing in the context of economic globalization.China Investment Co.,Ltd.was established in 2007 to carry out diversified investment business of national foreign exchange funds.In order to improve investment efficiency,research on sovereign wealth fund investment portfolios was conducted.This article first provides a comprehensive overview of the current research status at home and abroad,then sets up investment behavior patterns for sovereign wealth funds,constructs game models,and substitutes real data into them to simulate investment portfolio plans.Combined with international hotspots,comparative analysis is conducted with actual investment portfolios,in order to provide reference for actual investment practices.