Asset Allocation
Higher Stocks Benefit US Corporate Plans in July
Despite lower discount rates, aggregate funding level for plans of S&P 1500 companies rose to 102%.
Investment officer joins the consulting and investment firm from the University of Oklahoma Foundation.
However, funded levels are likely to be lower in March as Russia’s invasion of Ukraine roils markets.
While some changes induced by the pandemic will fade away, others are here to stay.
Athene will provide annuity benefits to approximately 70,000 GE retirees.
Rising discount rates were not enough to offset markets spooked in October by surging COVID-19 cases.