US - Pension plans experienced positive results for the second quarter of 2007, but gains have been depleted by stormy market conditions in August, said a survey by Mercer Investment Consulting.
The research found the median corporate, public and foundation/endowment plan had a second-quarter gain of 4.2%, however, many gains were erased during August as the market reacted negatively to su...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here