Strategic importance of pension assets in investment of the economy of Kazakhstan
Abstract
The article explores the importance of pension assets as a source of long-term financial resources for the development of Kazakhstan’s economy. One of the opportunities for the development of the Kazakhstani pension system is the creation of new conditions for providing the economy with long-term resources. In this regard, it is necessary to find out how the pension system can help maintain the pace of economic growth and the extent to which it affects the economy. It is the degree of influence of the resources of the pension system on economic growth that can become the main criterion of its effectiveness. The state imposes on the pension system important and large-scale tasks on the accumulation and preservation of pension assets, their effective investment, taking into account the need to ensure high return on pension investments, minimize risks and solve national interests in achieving economic growth. The purpose of the study is to determine the directions for improving the strategic investment management of pension savings based on the study of the investment activities of the Single Accumulating Pension Fund in the context of the need to fulfill social obligations to participants in the pension system and to ensure economic growth of the Republic of Kazakhstan. As a result of the study, the strategic importance of pension savings in investing the national economy using the regression analysis method is substantiated, the efficiency of managing pension assets from the perspective of the safety of pension savings and ensuring their profitability through investing in financial instruments is estimated; and prospective directions for improving the efficiency of investment management of pension assets are proposed.
Keywords
пенсионная система,
инвестиционный портфель,
финансовые инструменты,
эффективность,
доходность,
риски,
управление,
pension system,
investment portfolio,
financial instruments,
efficiency,
profitability,
risks,
management,
зейнетақы жүйесі,
инвестициялық портфель,
қаржы құралдары,
тиімділік,
кірістілік,
тәуекел,
басқару
About the Authors
L. A. Talimova
Karaganda Economic University Kazpotrebsoyuz
Kazakhstan
A. A. Satmutzaev
Abay Kazakh National Pedagogic University
Kazakhstan
G. M. Kalkabaeva
Karaganda Economic University Kazpotrebsoyuz
Kazakhstan
References
1. Мергенбаева А.Т., Байнева П.Т. Перспективы и основные направления модернизации пенсионной системы Республики Казахстан // Вестник университета «Туран». - 2016. - № 2(70). - С. 143-147.
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4. Тобатаев Д.Ч. Инвестиционная деятельность Единого накопительного пенсионного фонда Республики Казахстан // Вестник КазЭУ. - 2015. - № 4(105). - С. 110-120.
5. Туманянц К.А., Утученкова М.В. Анализ качества инвестирования пенсионных накоплений в России с использованием бэнчмарк-метода // Финансовая аналитика: проблемы и решения. - 2014. - № 24(210). - С. 44-56.
6. Статистический бюллетень Национального банка Республики Казахстан: http://www.nationalbank.kz/?docid=310&switch=russian.
For citations:
Talimova L.A.,
Satmutzaev A.A.,
Kalkabaeva G.M.
Strategic importance of pension assets in investment of the economy of Kazakhstan. Bulletin of "Turan" University. 2018;(4):91-97.
(In Russ.)
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