US equities returns lag behind plan sponsor hopes

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US - Equity returns have lagged well behind the expectations of investment managers, according to a report on US institutional portfolios by Mercer Investment Consulting.

Based on Mercer’s Fearless Forecast, hopes for returns of 7.3% for the year in large cap equities were dashed as the asset class returned only 2.8% on a year-to-date basis. The small cap asset c...

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