Asset Allocation
Higher Discount Rates Offset Lower Equity Values in August
U.S. corporate pension funds improve by 0.7 percentage points, to 99.0% in August from 98.3% in July.
Funded levels for 255 S&P 500 plans reach their highest level since the Great Financial Crisis, Wilshire reports.
Lawrence Miller’s hire comes just three months after Wilshire Advisors was hit by a cyber attack.
Strong performances from all major asset classes leads to seventh quarter in a row of positive gains.
The global advisory company points to an increase in liability values to explain May’s -0.2% fall.