A breakdown of what you need to watch this month as you consider investment implications for your pension plan.
A series of charts and graphs that illustrate the impact of market volatility on a sample corporate pension plan and three model asset allocations.
Potential implications for pension plans
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.
Political uncertainty has led to low expectations that policy initiatives would see much progress before year-end.
Explore this month’s report where we see the highest funded status level achieved since December 2012.
WHILE MOST CORPORATIONS’ 10-K FILINGS WILL NOT BE AVAILABLE UNTIL LATE FEBRUARY, WE ANALYZED PRELIMINARY DATA ON PENSION PLANS THAT HAVE FISCAL YEAR ENDS BETWEEN JUNE 30, 2018 AND OCTOBER 31, 2018.
Transient market volatility has the potential to be thrilling
Credit diversifiers can help hedge portfolios adapt to the late-cycle environment