Higher interest rates lowered liabilities, as average asset losses reach 21% for the fiscal year, a Russell Investments study shows.
Tag: Russell Investments
Peter Gunning, who once had the role, resumes it until a replacement is found.
Asset manager takes over from the food and beverage maker’s in-house investment operation.
The so-called $20 billion club’s pension funded status rises to 84.4%.
30-year industry leader to succeed Len Brennan, who will become strategic advisor to the firm.
Tax considerations, rising PBGC premiums drive move, Russell Investments says.