Bringing you live news and features since 2006 

Dollars

Funded status of US pensions rebounds to 71.6 per cent, says BNY Mellon

RELATED TOPICS​

The funded status of the typical US corporate pension plan rebounded 1.8 percentage points to 71.6 per cent in June after steep slides in April and May, according to the BNY Mellon Pension Summary Report for June 2012.

BNY Mellon credited the June improvement to strong equity markets in the US, which rose 3.9 per cent, and in developed international markets, which increased 7.0 per cent. 

These strong performances resulted in a 2.7 per cent gain in assets at the typical US corporate pension plan, according to the report.

Liabilities for the typical corporate plan rose 0.1 per cent in June, as the Aa corporate discount rate remained unchanged at 3.98 per cent, BNY Mellon says.
 

Latest News

Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..
Aniket Ullal, Director of ETF Data and Research at CFRA Research, has written a note looking at ETFs with exposure..
Tradeweb reports the following data derived from trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms...
iShares writes that its assets under management have reached USD4 trillion. The firm says this comes off the back of..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by