INFLATION AS A FACTOR OF INVESTMENT ATTRACTIVENESS OF FINANCIAL ASSETS OF JSC "UAPF"
Keywords:
UAPF, pension assets, pension savings, investment portfolio, financial instruments, inflation, investment income, PA profitabilityAbstract
Given the instability of the country's external environment, the issue of choosing a balance between profitability and the safety of pension assets has become acute for the UAPF. The article examines the profitability of the investment portfolio, the resolution of which today determines the future prospects for the development of the pension fund and its participants. The current state and structure of funding of pension assets in the portfolio of UAPF held in trust by the National Bank of the Republic of Kazakhstan in the context of financial instruments are analyzed. The analysis revealed the main systemic causes affecting the negative investment income and the transition towards more conservative investment. The authors also put forward a number of proposals aimed at increasing the profitability of pension assets of the accumulative component, it is proposed to expand the funding market by directing investments into promising multi–profile projects included in the program of industrial and innovative development of the Republic of Kazakhstan, to attract private companies with an impeccable reputation and highly professional teams