NEPC: Overfunded DB Plans Rise 10%
Survey finds 19% of defined benefit plans have a funded status higher than 101%.
Research
Conning: Expenditures Continue to Pressure State Budgets
Fourth-quarter ‘State of the States’ report sees “no improvement” in state pension plan funding.
Pension Assets Hit Record $38 Trillion Worldwide
Report says nearly all losses from the 2008 financial crisis have been recouped.
Society of Actuaries Releases Annual Mortality Improvement Scale
Slight decline in life expectancies may slightly lower pension plan obligations.
FCA: UK Millennials Are Cash-Strapped, Under-Invested
The majority of 25- to 34-year-olds have no investments, and lag in savings.
Preqin: September Hedge Funds Post Highest Monthly Return Since January
Euro-dominated CTAs struggle.
JLT: Pensioners Could be Losing by Default
Report says the wrong automatic enrollment default funds could cost UK retirees hundreds of thousands of pounds.
Illinois Pensions’ Unfunded Liabilities Rise $17 Billion
Funded ratio for the state’s 671 funds drops to 47.9%.
Corporate Pensions Reap Largest Gains in September
Funded status of 100 largest US corporate pension plans rises to 84.3%.
Increased Leverage Raises Risk for Canada’s Pension Funds
Leverage of six largest funds in country has risen to 24% from 19% in 2009.
UK Private-Sector Pension Funding Levels Rise
DB plans show signs of fiscal improvement in September.
Wilshire: US Corporate Pensions Up 1.3% at End of September
Longest streak of gains in more than 30 years, firm says.
Preqin: Venture Capital Deals on Track for All-Time High
Despite lower volume, VC deal values are breaking records.
Report: US Commercial RE Investments Down 12% Despite Market Being ‘Awash in Capital’
The sector continues to attract foreign investors, led by the Canadians, as well as Asian buyers, Avison Young says.