Asset Allocation
US Corporate Pension Funded Ratio Climbs to 89.8% in January
An increase in discount rates boosted the funded levels of the 100 largest corporate pension plans by $39 billion.
Aggregate investment return of 11.72% wasn’t enough to counter falling interest rates.
Aggregate deficit of 100 largest defined benefit plans falls to lowest level since March.
Funded levels fluctuated from 85% down to 72% and back up to 82% during first six months of the year.
Asset gain of $308 billion in April-June period lifts estimated funded ratio to 71.2% from 66%.