Open AccessPension Funds ’ Investment Position in the Second Decade of XXI Century
Author(s) -
E. V. Emelianov
Publication year - 2019
Publication title -
meždunarodnaâ torgovlâ i torgovaâ politika
Language(s) - English
Resource type - Journals
eISSN - 2414-4649
pISSN - 2410-7395
DOI - 10.21686/2410-7395-2019-3-57-64
Subject(s) - pension , global assets under management , position (finance) , national pension , investment (military) , fund of funds , business , institutional investor , investment strategy , finance , investment policy , pension fund , assets under management , economics , financial system , foreign direct investment , fixed asset , production (economics) , corporate governance , macroeconomics , political science , politics , market liquidity , law
The article explores investment position of pension funds which become important actors in the national economies and world investment flows; with comparative analysis of the pension funds based in different countries with different models of pension systems and investment regulatory practices. The role of pension funds as investors is based on accumulating growing funding which become nearly half of total OECD gross domestic product. The assets of pension funds in the second decade of the century are concentrated in US, United Kingdom, Canada, with pension funds in other countries less than 5% for each country. But assets of pension funds based in some other countries show significant growth. The article focuses on the pension funds’ assets structure and compares those in different countries. The perspectives of investment pension assets in the national economies and abroad will depend among other factors on the regulation of pension funds and their investments. Focusing on ensuring better access to different investment opportunities in the domestic market and abroad should go hand in hand with raising standards of risk management in pension fund investment.