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.”

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Pension plans accuse banks of anti-competitive behaviour
18 August 2017 | New York | Reporter: Drew Nicol
Three US pension plans have accused six of securities lending’s biggest banks of blocking nascent platforms and keeping the market for themselves
Repo passes judgement on MMF collateral rules
18 August 2017 | Brussels | Reporter: Drew Nicol
Thirteen industry stakeholders made up of major global banks and industry associations responded, with largely positive feedback on ESMA’s proposals
UBS expands securities lending team
17 August 2017 | Zurich | Reporter: Drew Nicol
UBS’s has regained Iwan Lichtsteiner as a member of its fixed income, securities lending and financing team, effective from October
Clearstream angling for central role in China’s market growth
17 August 2017 | Luxembourg | Reporter: Drew Nicol
Deutsche Börse Group and Clearstream representatives will be present at the Shanghai International Financial Advisory Council being at the end of August
Whitebox Advisors chooses Broadridge suite solution
17 August 2017 | New York | Reporter: Drew Nicol
Whitebox Advisors has mandated Broadridge Financial Solutions to transform its technology platform into a fully integrated, hedge fund operation
Clearstream confirms rates for September
16 August 2017 | London | Reporter: Jenna Lomax
The market infrastructure provider charges different rates for equities and debt, and on a per currency basis
CloudMargin unveils microsite for OTC derivatives
15 August 2017 | London | Reporter: Jenna Lomax
The new microsite, designed by UK-based design agency Eight Arms, was created to help financial institutions globally become accustomed to the new margin rules and other regulations affecting their collateral management functions