Moroccan insurance and pension funds: realities of an investment policy

How to invest the financial reserves of pension and insurance companies? And how to preserve their values over time? This debate is of great importance in the current financial context, especially when we know that the Moroccan pension funds and insurance companies have to adapt themselves to a bond compartment, characterized by a large decline in interest rates, a narrow stock market that has been in a bearish trend for several years, as well as an ever-present depletion risk of reserves (especially for the Caisse Marocaine des Retraites).The objective of this work is therefore to go through the various practices, used by Moroccan pension funds and insurance companies in asset allocation, as well as the different problems they encounter during this phase.