The 2020 recession was driven by policy, so any Delta-inspired double dip would be, too, Commonwealth’s McMillan warns.

The performance falls well short of the pension funds’ benchmark and assumed rate of return.

Despite the unprecedented challenges of 2020, the Invesco Global Investment Grade team navigated the volatile year and posted strong returns through active management, sound security selection, and effective asset allocation. With 2020 behind us, we are closely monitoring key themes and using them to inform the positioning of our Invesco Core Plus portfolio and help our clients achieve their goals.

Investors with $315 billion in assets under management commit to setting net zero goal within a year.

As manager, absolute return and fixed income, at the MacArthur Foundation, Rumph has an appetite for new strategies and a wide-ranging intellectual curiosity.