Public Plans’ Funding Improves Slightly, But Not Asset Growth
Funded level was 73% in fiscal 2018, helped by lower liability increases.
Tag: Stocks
Lower Interest Rates Will Shrink Pension Funding Status, Goldman Warns
A study projects that funding will drop to 86% in August, off from 91% four months before.
Newsmakers
Exclusive: How a More than $50 Billion Bet Boosted CalPERS Returns
A large move into equity factor investing was key for largest US pension.
Market Moves
S&P 500 Dividend Yield Surmounts the 30-Year Treasury
The last time that happened was during the financial crisis, Bespoke says.
Market Moves
Blame the Computers for Last Week’s Market Wipeout
So says JP Morgan’s trading honcho, Marko Kolanovic, who thinks more than half the moves were due to algos.
How Sustainable Is the Gold Rally?
As the metal shoots over $1,500 and looks to head higher, questions arise about its volatility.
Risk
SFERS Posts 7.81% Return
The San Francisco retirement system has managed to beat its annual expected rate of return for the 2018-2019 fiscal year despite a volatile equity market.
International Investors Shoot for Equities and Alternative Assets
Mercer report explores key trends in international investor activity, including a reduction in fixed income in favor of equities.
Why Private Equity Amps Up Takeovers of Public Companies
After hitting low point post-crisis, take-private deals surge amid torrent of new PE investments.
At Morningstar: Using Factors in Fixed Income Investing Remains Difficult
Equity strategies may not stand up to the complexity of the fixed income markets.
Canadian Plan Sponsors Rebound Strongly to Return 7% in Q1
US, Canadian equities were top-performing asset classes.
Risk
Dutch Pension Funds Rebound from December’s Santa Claus Blues
Despite a Q1 comeback, ABP, PFZW officials are worried about low interest rates, future benefit reductions.
Market Moves
Yes, Oil Prices Are Back, but Maybe They Have Plateaued
Expanding stockpiles and surging shale pumping may put upper limit on petrol reprise.
Market Moves
Investors Bailed Out of Stock in 2018 and Got Double-Slammed
The average investor fled from the stock market and ended up losing twice what the S&P 500 did, Dalbar says.
Market Moves
Here’s Some Hopeful News: April Is Stocks’ Best Month
For the past 20 years, the fourth month has been the best for the S&P 500, rising an average 1.7%, LPL Financial says.