主权财富基金资产配置与收益率回归分析研究

A study on asset allocation and return of sovereign wealth funds

主权财富基金是由一般政府为宏观经济目的而创建,主权财富基金所有者持有,治理和管理资产采用一套包括投资于外国金融资产的投资策略以实现财务目标。资产配置问题直接关系到主权财富基金收益率的高低,因此如何对这种资产庞大的基金进行资产配置成为了关键性的问题。

Sovereign wealth funds are created by the general government for macroeconomic purposes, sovereign wealth fund holders hold, manage and manage assets using a set of investment strategies that include investments in foreign financial assets to achieve financial goals. Asset allocation is directly related to the level of sovereign wealth fund yields, so how to carry out asset allocation of such a large asset has become a key issue.