Second Quarter Plan Sponsor Returns Stay Positive with Non-US Equity Leading the Way, according to BNY Mellon U.S. Master Trust Universe/Asset Strategy View
While performance was strong across all plan types, Corporate Plans reported the highest median return, climbing +3.72% for the BNY Mellon
"Corporate Pensions benefited from strong performance of their US Fixed Income investments versus other plan types, rising +3.24% versus +1.62% for the Master Trust Universe as a whole," said
"Taft-Hartley plan performance lagged other plan types due to lower allocations to Non-US Equity, while all asset classes continued to post positive results on a one-year basis in the second quarter," she added.
The BNY Mellon
"According to Asset Strategy View, Non-
Launched last spring, Asset Strategy View delivers aggregate levels of asset owner allocations and capital flows to provide insight into market trends and investor activity. The solution is available to users of the BNY Mellon
Q2 Highlights
- Over 99% of plans posted positive results during the quarter
- Corporate Plans saw the highest median return (+3.72%), followed by Publics (+3.17%)
U.S. equities posted a quarterly median return of +3.09%, versus the Russell 3000 Index return of +3.02%. Non-U.S. equities saw a median return of +6.17%, compared to the Russell Developed exU.S. Large Cap Index result of +6.01%.U.S. fixed income had a median return of 1.62%, versus the Barclays CapitalU.S. Aggregate Bond Index return of +1.45%. Non-U.S. fixed income had a median return of +3.47%, versus the Citigroup Non-U.S. World Government Bond Index return of +3.81%. Real estate had a median return of +1.98%, versus the NCREIF Property Index result of +1.75%
The average asset allocation in the BNY Mellon
BNY Mellon U.S. Trust Universe Median Plan Returns* |
|||||
Period Ending |
|||||
Universe |
Number of |
2Q |
One- Year |
Five- |
Ten- |
|
618 |
3.19 |
12.21 |
8.48 |
5.30 |
Corporate Plans |
233 |
3.72 |
11.06 |
8.45 |
5.55 |
Foundations |
85 |
3.02 |
12.59 |
8.16 |
4.83 |
Endowments |
93 |
2.91 |
12.89 |
8.51 |
5.12 |
Public Plans |
124 |
3.17 |
12.51 |
8.89 |
5.36 |
Taft-Hartley Plans |
51 |
2.75 |
12.73 |
8.64 |
5.11 |
Health Care Plans |
18 |
2.76 |
10.45 |
7.17 |
4.28 |
*All returns are posted gross of fee results. |
BNY Mellon U.S. Trust Universe Median Allocations by Asset Class |
|||||
Asset Class |
One |
Two |
Three |
||
Q2 2017 |
Q1 2017 |
||||
US Equity |
20% |
20% |
19% |
19% |
20% |
Non-US Equity |
16% |
16% |
16% |
16% |
16% |
Global Equity |
5% |
5% |
5% |
5% |
6% |
US Fixed Income |
20% |
20% |
21% |
22% |
21% |
Global Fixed Income |
1% |
1% |
1% |
1% |
2% |
Non-US Fixed Income |
1% |
1% |
1% |
1% |
1% |
Other Fixed Income |
2% |
2% |
2% |
2% |
2% |
TIPS/Inflation Linked Bonds |
2% |
2% |
2% |
2% |
2% |
Real Estate |
7% |
7% |
8% |
7% |
7% |
Private Equity |
10% |
10% |
11% |
10% |
10% |
Other Real Assets |
2% |
2% |
2% |
2% |
2% |
Hedge Funds |
9% |
9% |
9% |
10% |
9% |
Other |
1% |
1% |
0% |
0% |
0% |
Cash |
3% |
3% |
3% |
3% |
2% |
100% |
100% |
100% |
100% |
100% |
Russell 3000 Index and Russell Developed ex US Large Cap Index:
Information containing any historical information, data or analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Past performance does not guarantee future results. The Information should not be relied on and is not a substitute for the skill, judgment and experience of the user, its management, employees, advisors and/or clients when making investment and other business decisions. None of the Information constitutes an offer to sell (or a solicitation of an offer to buy), any security, financial product or other investment vehicle or any trading strategy.
Contact:
Cheryl Krauss
BNY Mellon Investment Services
[email protected]
+1 212-635-8176
Frank Pinto
BNY Mellon Investment Services
[email protected]
+1 917-309-1065
View original content with multimedia:http://www.prnewswire.com/news-releases/second-quarter-plan-sponsor-returns-stay-positive-with-non-us-equity-leading-the-way-according-to-bny-mellon-us-master-trust-universeasset-strategy-view-300505119.html
SOURCE
Agency Information Collection Activities: OMB Control Number 1029-0107; Subsidence Insurance Program Grants
Centene Corporation Subsidiary SilverSummit Offers On-Exchange Plans for 14 Bare Counties in Nevada
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News