The Research On The Investment Manager Control System Of The Social Security Fund

In the process of the social security fund movement, the investment manager is the key to secure and increase its value, effective control is necessary applied to it. A perfect and effective investment system is significant for standardizing the operation of the investment manager and keeping away risks, but the control effect of the current control system isn't satisfying and even aggrandized the investment risk. Herein it is the focus of this thesis how to perfect the forthcoming investment manager control system of the social security fund. The clue of this thesis as the following: perfect the forthcoming investment manager control system of the social security fund by redefinituding the obligations of all control parties on the principle of controlling the cost and effect, since the current control system is insufficient according to the performance of the investment manager. According to its functional principle, the Investment Manager Control System of the Social Security Fund (ISCSSF) can be divided into the external and internal control systems. Thereof the external control system consists of investment regulation control, seceding control, effect evaluation control, and so on, the relevant parties are the government regulation department, the owner and the entrusted of the social security fund, and etc. The external control system will outstand the investment regulation function of the entrust due to the advantages in the information and technology of the entrusted. The internal control system is made up of investment management control, information declaration control, accounting system control, information system control, and supervision and auditing control. Finally I'll try to evaluate synthetically the investment manager in the methodology of AHP—FUZZY, and try to establish the dynamic risk evaluation and measurement system resting on the evaluation results, and try to manage and improve opportunely the investment manager control system. The whole thesis consists four parts, thereof the first part introduces the role and positioning of the ISCSSF and the current market situation of the ISCSSF; the second parts put forward the assumption of perfecting ISCSSF on the basis of the analysis of the current insufficient system; the third part tries to establish an evaluation and measurement system on the investment manager by adopting the AHP blurring synthetic evaluation system to regulate dynamically the investment and improve the control system; the fourth part mainly expounds the innovation and the insufficiency of the thesis.