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Analysis of Approaches of Participants of Pension Products Market to the Development of Optimal Investment Strategies of Pension Savings

Author

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  • Dormidontova, Yulia

    (Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute for Social Analysis and Forecasting of Russian Presidential Academy of National Economy and Public Administration)

  • Nazarov, Vladimir

    (Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration)

  • A. Tikhonova

    (Independent)

Abstract

The basic concepts of investment portfolio forming as a whole and the investment portfolio of pension funds, in particular, are overviewed in this paper, the main risks faced by the participants in the pension market, are analyzed, as well as their relevance for different types of assets, and methods of assessing these risks. The analysis of the problems faced by pension funds operating in conditions of the pension plans, defined contribution, and in terms of pension plans with defined benefits, was made. Part of the investment portfolios of pension funds in the Russian pension market, as well as the question of the importance of risk-based supervision for effective implementation of the optimal investment policy of pension funds, is overviewed.

Suggested Citation

  • Dormidontova, Yulia & Nazarov, Vladimir & A. Tikhonova, 2014. "Analysis of Approaches of Participants of Pension Products Market to the Development of Optimal Investment Strategies of Pension Savings," Published Papers r90227, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:ppaper:r90227
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    investment portfolio; investment strategy; pension funds;
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