Coronavirus - COVID-19
February Volatility Wipes Out $71 Billion in US Corporate Pension Funding
The funded ratio of the 100 largest US plans fell to its lowest level in over three years.
Tag: COVID-19
Market Moves
Hong Kong Pension Warns Coronavirus Will Hurt 2020 Returns
$124.6 billion Mandatory Provident Fund says virus ‘has affected the investment market worldwide.’
Market Moves
As Virus Punishes Stocks, El-Erian Warns: Don’t Buy the Dips
Pummeled shares will take a lot longer to recover than normal, Allianz economist says.