
Pensions
Largest Public Pension Funds Lost $169B During Tariff Rollout
State and local pension funds lost the amount from April 3 through April 8 and have lost $249 billion in equities this year, per Equable.
For the 17th straight year, public pensions remain below 90% funded.
How will institutional investors adapt to a population that is living longer?
U.S. public pensions entered 2022 well-funded, but they could falter without significant governance reforms.
Exceeding 6% returns over the next decade will likely require excess risk or consistently performing well above average.