Corporate Pension Funding Ratios See Slight Increase in February
Volatile equity market performance mostly offset the impact of lower liability values in February, resulting in a modest boost in corporate pension funded ratios.
LDI strategies allow for passive equity to be replaced by holding ‘cash’ and synthetic equity instruments. But with better funding statuses, are pensions’ derivative positions less necessary?
Institutions keep their toeholds in bitcoin and others amid epic market slide.
The Department of Labor is concerned fiduciaries will misinterpret its earlier June 2020 letter.