Key findings from the Multi-Asset Solutions Strategy Summit
This bulletin, written by Dr. David Kelly, addresses the impact that deflationary fears have had on the Fed's decision to postpone rate hikes.
Global markets and multi-asset portfolios
A weekly review of global markets and multi-asset portfolios
Due to a decrease in rates, funded status fell 2.7% this month from 88.1% to 85.4%.
Due to interest rates and growth assets, funded status fell 3.5% this month from 91% to 87.5%.
Due to growth assets and interest rates, funded status rose 1.5% this month from 85.4% to 86.9%.
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 a 30 bps decrease in discount rates, funded status fell 1.3% this month from 90.4% to 89.1%