Profitability of pension capital in Russia: comparative analysis

Using the comparative analysis the author comes to the conclusion that the interest rate of pension capital in 2005-2011 was relevant to the situation on Russian and international financial markets. The main problem of investment pension savings in Russia are high inflation and negative real interest rates, not the low quality of asset management or law limits in the structure of investments. The author doesn’t accept an idea about investing pension capital into infrastructure projects.