Fund Investment Combination And Management Research On The State Social Security

The social security fund system of China is in its initial phrase. Its investment channel is single, and its return rate is low. Considering the problem of aging population, the core issues of social security fund management are capital gap and keeping and increasing the fund's value. Facing existing problems, this thesis mainly researches finding effective investment management ways and combinational investment methods, which are suitable our country's situation, in current investment status, and mastering the trend of investment operation, in order to achieve the goal of keeping and increasing the social security fund's value. Referencing foreign countries' experience, this thesis analyzes the problems of the state social security fund operation in investment management and its reasons, and analyzes the whole process of investment, commission relation, investment direction, investment fields and investment diversities using systemic method, comparison and quantitative method, and proposes practical investment strategies and means to solve these problems.The structure of the paper is as follows. Chapter one introduces the background and meaning of choosing the topic, sums up literature, and gives the problems being solved, researching ways and methods. Chapter two is summarize of the state social security fund, including normal theoretical analysis and summarize of investment management and operations. Chapter three analyzes the status and problems appearing in investment management and operations. Chapter four discusses the practice and experience of overseas countries (regions) about keeping and increasing the value of the social security fund. Referencing the experience of successful investment operation could provide precious experience to keep and increase the value of our country's social security fund. Chapter five analyzes the reasons of problems from perspectives of investment management and investment operation, and proposes several effective investment directions and suggestions to avoid risks and realize the goal of keeping and increasing social security fund's value. Finally, chapter six concludes the paper, and points out its innovation and deficiencies.The thesis deems that enhancement surveillance in investment management is the effective way to solve the existing problems, and that combination proportion rate of developing country will be unfastened, and that the proportion of highly return investment will increase because consecutive investment can not face the payment crisis, and that nailing down and extending the investor is benefit for increasing return rate, and that investment diversity and increasing investment rate in bond market gradually are the direction of development, and that the combination of fixed rate investment strategy and varying rate investment strategy is the suitable one. Therefore, the viewpoint of this thesis is innovative.