Discussion on the Overall Risk Hedging for "Expansion of Investment" of Social Security Fund

DOI

10.2991/jahp-17.2017.48How to use a DOI?

Keywords

social security fund; expansion of investment; risk hedge

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.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ying Huang
AU  - Ting He
PY  - 2017/09
DA  - 2017/09
TI  - Discussion on the Overall Risk Hedging for "Expansion of Investment" of Social Security Fund
BT  - Proceedings of the 2nd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2017)
PB  - Atlantis Press
SP  - 225
EP  - 229
SN  - 2352-5398
UR  - https://doi.org/10.2991/jahp-17.2017.48
DO  - 10.2991/jahp-17.2017.48
ID  - Huang2017/09
ER  -