Infrastructure in the Region: Long-Term Investments of Institutional Investors in Russia
Infrastructure in the Region: Long-Term Investments of Institutional Investors in Russia

Summary/Abstract: The article deals with the possibility of long-term investment in infrastructure development in the region at the expense of internal resources of the pension market of institutional investors (Pension Fund of Russia, private pension funds Vnesheconom bank and private management companies). We have analyzed various theoretical and empirical studies that have shown the dependence of the financial sector and its impact on economic growth; analysis of the institutional changes in the pension system in Russia; analysis of the impact of the financial crisis of 2014 – 2015 on the results of the investment of institutional investors in the pension market. We offer for the development of the region to use economic mechanism of redistribution of pension assets and their direction in the development of the regional economy. The methodology of long-term investment of pension assets of State funded part of the pension system in infrastructure projects of regional economy through closed real estate funds will solve the problem of obtaining a stable private pension funds, investment income above the level of inflation and maintain purchasing power of the pension capital of the financial market. In addition to the accepted ........

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