Today (September 16), the "Annual Report on the Entrusted Operation of the Basic Pension Insurance Fund of the National Social Security Fund Council (2021)" released by the National Social Security Fund Council shows that in 2021, the basic pension insurance fund achieved an investment return of 63.18 billion yuan, an investment return rate of 4.88%, and a total equity amount exceeding 1.46 trillion yuan.
report stated that on the basis of ensuring the security and preservation and appreciation of the funds, the Social Security Foundation actively helps entrusting provinces to achieve high-quality economic and social development through fund investment. In 2021, the basic pension insurance fund achieved an investment return of 63.18 billion yuan and an investment return rate of 4.88%, leading the comparable level of the market peers.
"In 2021, in the face of severe and complex environment and the situation of sharp fluctuations in the capital market, the Social Security Foundation coordinated the prevention and control of the epidemic and fund investment management, actively seized market opportunities, scientifically allocated fund assets, optimized the structure of stock assets, and carried out investment in new strategic products in a timely manner. Equity investment is carried out around serving major national strategies, and fund investment has achieved good returns." A relevant person in charge of the Social Security Foundation said. The
report shows that since the basic pension insurance fund was entrusted to operate in December 2016, it has achieved a cumulative investment income of 261.977 billion yuan and an annualized investment return of 6.49%.
Relevant person in charge of the Social Security Foundation introduced that after years of exploration and practice, the Social Security Foundation has formed a relatively complete asset allocation system in investment and operation, including strategic asset allocation plans, annual tactical asset allocation plans, quarterly asset allocation execution plans and dynamic adjustments. In terms of major asset investment, operations are carried out through a combination of direct investment and entrusted investment. Among them, direct investment is directly managed and operated by the Social Security Foundation, and the investment mainly includes bank deposits and equity investments. The entrusted investment is managed and operated by the Social Security Foundation entrusted investment manager, and invested in mainly stocks, bonds, pension products, listed and circulated securities investment funds, as well as stock index futures, treasury bond futures, etc. As of the end of 2021, direct investment accounted for 38.17% of the basic pension insurance funds, and entrusted investment accounted for 61.83%.
Social Security Foundation always adheres to the long-term assessment mechanism in its annual assessment work, strengthens the performance attribution and investment process analysis of investment managers, and guides managers to establish long-term investment, value investment, and responsible investment concepts through assessment, and strives to improve long-term performance.
text/Beijing Youth Daily reporter Lin Lishuang
edit/tianye
