A breakdown of what you need to watch this month as you consider investment implications for your pension plan.
How real estate and infrastructure can enhance returns and reduce volatility
Potential implications for pension plans
Due to growth assets and interest rates, funded status rose 1.4% this month from 88.5% to 89.9%.
Due to hedge portfolios and growth assets, funded status fell .4% this month from 88.5% to 88.1%.
A holistic approach to portfolio construction optimizes enterprise-level risk and return
Due to hedge portfolios and growth assets, funded status rose 1% this month from 87.5% to 88.5%.
Due to interest rates and growth assets, funded status fell 3.5% this month from 91% to 87.5%.
Due to a 30 bps decrease in discount rates, funded status fell 1.3% this month from 90.4% to 89.1%
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.