U.S Master Trust Universe Posts Negative Result Following Two Quarters of Positive Performance According to BNY Mellon U.S. Master Trust Universe/BNY Mellon Asset Strategy View®
The BNY Mellon
Reversing the trend from the first three quarters of the year, corporate plans outperformed, due to higher fixed income and lower equity allocations than other plan types.
"Corporate Plans tend to have higher allocations to fixed income investments, consistent with their liability-aware investment objectives. This quarter, Corporate Plans over-weighted
Additional Q4 Highlights
- Less than 3% of plans posted positive results during the quarter.
- Corporate Plans saw the highest median return (-5.20%), followed by Endowments (-5.42%).
U.S. equities posted a quarterly median return of -13.96%, versus the Russell 3000 Index return of -14.30%. Non-U.S. equities saw a median return of -11.71%, compared to the Russell Developed exU.S. Large Cap Index result of -12.91%.U.S. fixed income had a median return of 0.62%, versus the Barclays CapitalU.S. Aggregate Bond Index return of 1.64%. Non-U.S. fixed income had a median return of -1.12%, versus the FTSE World Government Bond Non-US Index return of 1.31%. Real estate had a median return of +1.78%, versus the NCREIF Property Index result of +1.37%.
BNY Mellon
BNY Mellon
Period Ending
Universe |
Number of Participants |
4Q 2018 |
One- Year |
Five- Years |
Ten-Years |
|
510 |
-5.91 |
-4.16 |
4.92 |
8.50 |
Corporate Plans |
229 |
-5.20 |
-4.74 |
4.99 |
8.58 |
Foundations |
72 |
-6.64 |
-3.35 |
4.47 |
7.91 |
Endowments |
69 |
-5.42 |
-1.34 |
5.32 |
8.58 |
Public Plans |
91 |
-6.49 |
-3.37 |
5.11 |
8.83 |
Taft-Hartley Plans |
31 |
-6.81 |
-3.80 |
4.34 |
7.97 |
Health Care Plans |
17 |
-5.46 |
-3.37 |
3.92 |
N/A |
*All returns are posted gross of fee results.
BNY Mellon
Period Ending
Asset Class |
Q3 2018 |
One Year Ago |
Three Years Ago |
US Equity |
23% |
23% |
23% |
Non-US Equity |
14% |
17% |
15% |
Global Equity |
5% |
5% |
5% |
US Fixed Income |
21% |
20% |
21% |
Global Fixed Income |
3% |
3% |
3% |
Non-US Fixed Income |
2% |
2% |
2% |
TIPS/Inflation Linked Bonds |
3% |
3% |
3% |
Real Estate |
5% |
5% |
5% |
Private Equity |
9% |
8% |
8% |
Other Real Assets |
3% |
3% |
3% |
Hedge Funds |
12% |
14% |
15% |
Cash |
2% |
2% |
2% |
ABOUT
Russell 3000 Index; Russell Developed ex US Large Cap Index
Frank Russell Company ("Russell") is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell® is a trademark of Frank Russell Company. Neither Russell nor its licensors accept any liability for any errors or omissions in the Russell Indexes and / or Russell ratings or underlying data and no party may rely on any Russell Indexes and / or Russell ratings and / or underlying data contained in this communication. No further distribution of Russell Data is permitted without Russell's express written consent. Russell does not promote, sponsor or endorse the content of this communication.
Barclays Capital
© Barclays Bank PLC 2016. This data is provided by Barclays Bank PLC all rights are reserved.
FTSE Non-US World Government Bond Index: London Stock Exchange Group plc and its group undertakings (collectively, the "
Contact:
[email protected]
+1 212 635 1378
SOURCE
HVAC Claims Continue to Offer Property & Casualty Carriers a Monumental Opportunity to Realize Millions in Claims Leakage Annually
Hunt Real Estate Capital Finances the Acquisition of a Memory Care Seniors Housing Property Located in Phoenix, Arizona
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News