Pensions
Robust June in Stocks Puts an ‘Exclamation Point’ on Pension Funding
U.S. corporate funding levels stay high as the likelihood grows of an interest rate cut later this year.
Investors will need help hitting even reduced target returns in the coming years, says Goldman Sachs report.
As funds lock in 2018 gains, high-quality fixed income could become harder to find, Goldman Sachs exec says.