08 August 2017
Chicago
Reporter: Jenna Lomax

Northern Trust Universe reports pension plan investment gains


Institutional pension plan sponsors notched up investment returns of 3 percent in Q2 2017, according to the the Northern Trust Universe tracker.

This marked the seventh consecutive quarter of positive investment performance for the tracked pension plans.

Mark Bovier, North America regional head of investment risk and analytical services at Northern Trust, said: “All plan sponsor segments saw solid performance in the second quarter, and asset allocation played a different role for each type of plan.”

The Northern Trust Universe, which tracks approximately 300 large US institutional investment plans, also saw equity programmes saw return 3.3 percent at the median, while fixed income and real estate were up less than 2 percent in the same quarter.

Bovier added: “What worked for public funds was a relatively large allocation to non-US equities—16 percent for the median plan, compared to approximately 11 percent for corporate ERISA and foundations and endowments.”

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