Newsmakers
2023 Asset Owner Industry Innovation Award Finalists Announced
On December 5, CIO will recognize the allocators driving change and enhancing performance in institutional investing.
The funded ratio for the 100 largest public funds dropped to less than 73%, while corporate plans rose to 110%.
However, insurance companies likely won’t be able to accommodate the increased demand.
Funded levels for 255 S&P 500 plans reach their highest level since the Great Financial Crisis, Wilshire reports.
Aggregate investment return of 11.72% wasn’t enough to counter falling interest rates.
Despite returns of nearly 13%, US corporate plans’ funded level remained flat for the year, thanks to falling rates, Willis says.