w88 casino News Network (provided by the w88 casino of Finance)Professor Zhang Haiyun of the w88 casino of Finance of w88 casino was invited by CCTV English Channel to speak2015Year4month3日20：15Start“China 24”（China24hours) The program analyzes the asset allocation of social security funds and the deposit insurance system.
4month110055_1015410%Raise to20%, the upper limit of the fund’s trust loan investment proportion is5%Raise to10%. So, will doing so increase the investment risk of social security funds? How to manage the risks of these investments?
Zhang Haiyun believes that appropriately increasing the investment proportion of social security funds in credit assets will be beneficial to improving the performance of the fund. This involves two important financial concepts, one is risk-return balance, and the other is risk diversification. From the perspective of individual assets, assets with higher risks generally have higher expected returns. Credit assets such as corporate bonds and local government bonds have higher risks than treasury bonds and bank deposits, but their expected returns have also increased significantly. From an asset portfolio perspective, risk diversification can reduce risks while maintaining returns, which is consistent with“Don’t put all your eggs in the same basket”The principle is the same. From the perspective of risk management and control, social security funds have a complete set of standardized procedures for risk prevention. There are strict regulations on asset quality, risk limits, etc. Tradable assets can be sold when their quality declines. A rigorous and robust risk management system provides the basis for the stability of investment performance.
Brewing22The deposit insurance system of 2015 was finally officially unveiled yesterday,Since2015Year5month1Effective from today. What do you think of the launch of the deposit insurance system?
Zhang Haiyun believes that the deposit insurance system is conducive to financial stability and market confidence, and there are more than 10 deposit insurance systems in the world110Several countries and regions have implemented deposit insurance systems. The introduction of a deposit insurance system in China will also pave the way for the full implementation of interest rate marketization. The banking industry is facing competition from various new financing platforms that promise higher yields in attracting deposits. Internet finance and financial products launched by new institutions such as Alibaba and Tencent are all new competitors. In order to attract deposits, banks may need to raise deposit interest rates, so it makes sense to further promote interest rate liberalization and relax restrictions in this area. At the same time, raising deposit interest rates will compress banks' profit margins. As competition intensifies, some weaker banks may face serious financial difficulties or even the risk of bankruptcy. Savers can be protected by the deposit insurance fund after the bank is in trouble, and the deposit insurance premiums of normal banks provide funds for the deposit insurance fund on a regular basis. This forms a sustainable financial security protection mechanism, which is very helpful for financial stability and market confidence.
Original link http://english.cntv.cn/2015/04/04/VIDE1428083042221579.shtml
