A study of 78 European pension funds in 16 countries reveals investors have increasing trust in equities.
After improved returns, AP3 will focus on a management model based on risk categories.
Standard & Poor's 500 companies' aggregate U.S. and non-U.S. pension deficit and average funded status showed signs of optimism last year -- as of December 31, the average funded status increased to 84%, up from 78% a year earlier.
With a combined $2.35 trillion in assets for pensions, health care and non-pension retirement programs for current and retired workers, the report shows states need $1 trillion to match their liabilities.
Following the financial crisis with corporate pension plans looking to minimize risk, SEI’s poll shows that other focus areas include stress testing portfolio, evaluating investment approach and defining fiduciary roles.
Asset values increased to more than $23 trillion during 2009; bond allocation fell as equity markets rose.
Transparency and liquidity risk surpass weak performance as top concerns.
Canadian pension plans rose by 16.2% for 2009, lifted by rebounding equity markets.
A new study shows managers have a bullish outlook on equities, increasing their risk tolerance.
Top concerns among pension plan sponsors are funding status, risk management, and volatility.
At 19.02% year-to-date return, foundations and endowments outperformed other asset owners in the Wilshire TUCS.