The current earnings season has been mixed; lower energy prices and a stronger dollar are headwinds, but health care sector M&A is providing an offset.
PG&E (ticker: PCG) filed for bankruptcy - surprisingly the issuer was within the A or better rated pension liability discount rate universe within the prior 12 months.
Political uncertainty has led to low expectations that policy initiatives would see much progress before year-end.
Due to growth assets and interest rates, funded status rose 1.4% this month from 88.5% to 89.9%.
How to enhance portfolio returns while limiting investment costs
Due to hedge portfolios and growth assets, funded status fell .4% this month from 88.5% to 88.1%.
A breakdown of what you need to watch this month as you consider investment implications for your pension plan.
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%.
Due to a 30 bps decrease in discount rates, funded status fell 1.3% this month from 90.4% to 89.1%