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Tag >> investment grade bonds
Jan 05

Pension funded status surges to 9-month high

Posted by Stephen Taub in pensionsinvestmentsinvestment grade bondsequitiesCashBNY Mellon Pension ServicesBNY Mellon Asset Management

Stephen Taub

The funded status of the typical US corporate pension plan stands at its best position since March 2010.

Thanks to the strong stock market performance in December, the average pension's funded status surged 3.8 percentage points in December, to 84.3 percent, according to BNY Mellon Asset Management.    

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