Funded status rose 1.9% this month due to interest rates and growth assets.
Demand/supply dynamics are creating investment opportunities in several value-added real estate subsectors.
Due to hedge portfolios and growth assets, funded status fell .4% this month from 88.5% to 88.1%.
Due to a 30 bps decrease in discount rates, funded status fell 1.3% this month from 90.4% to 89.1%
Due to hedge portfolios and growth assets, funded status rose 1% this month from 87.5% to 88.5%.
Themes and implications from the Global Equities Investors Quarterly
This month marks the largest monthly funded status decrease since January 2016.
November marked the 10 year anniversary of the widest corporate bond spreads on record.
Explore this month’s report where we see the highest funded status level achieved since December 2012.
For most of 2018, eurozone and US monetary policy appeared to be on a largely preset course.