Maintaining a position just short of a recession is almost impossible to do, the research shop says.
The funded ratio for the 100 largest public funds dropped to less than 73%, while corporate plans rose to 110%.
The firm’s active managers ‘faired poorly’ in 2022, according to CEO Kane Brenan
Not all of them are the FAANGs, like pharma firm Eli Lilly.
Latest distribution of more than $488 million to Bernie Madoff victims hailed as ‘historic result.’