US Pensions Return 6.47% for Fiscal 2019, Miss Target
Market volatility, active management worked against all plan types.
Market volatility, active management worked against all plan types.
Total returns for the first half of the year register a robust 10.2%.
The 100 largest US public DB plans saw a $50 billion rise in funding during the quarter.
Returns are up more than 11% so far in 2019.
Space has returned 10.2% over the past decade.
The $8.9 billion in inflows in the first six months smashes 2018’s full-year record.
Skeptics remain in the industry, but overall allocations are improving.
The funded status of the 100 largest corporate DB plans edged higher to 88% in June.
Falling bond yields prove too much for robust asset gains.
Fund details how it works climate risk into investing its nearly $150 billion in assets.
Equity strategies help steer the ship to best H1 gains since 2009.
Survey also finds rising PBGC premiums encourage funding increases.
Data shows gender-diverse investment teams help expand their thinking and strategic options.