Discussion on the Overall Risk Hedging for qExpansion of Investmentq of Social Security Fund
Year: 2017
Type: conference-paper
Abstract: In recent years, Chinese government has made moderate "expansion" on the investment scope of national social security fund, which provides the conditions for the social security fund to play a stronger role in the strategic reserve of social security, but brings new risks in the investment of social security fund in local government debt, direct equity investment, trust and loan investment and other aspects.The author believes that the establishment of a comprehensive hedge mechanism and continuous expansion of investment is the necessary way to control the investment risk of social security fund.Accordingly, the author proposes the risk of hedge securities market of opening social security fund in investment of stock index futures products, physical gold, gold futures and margin trading products, allows the introduction of security mechanisms and purchase of guarantee services when social security funds invest in local debt and provides a series of countermeasures and suggestions like introduction of re-guarantee mechanism for the risk prevention and control of trust product investment.
Authors: Ying Huang, Ting He
Institutions: Sichuan University, People's Bank of China
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W2764099552