Plans in the universe saw flat performance overall, with strong equity returns countered by falling bond prices, which push up yields, explains Northern Trust
It was revealed that during Q4 2020, global equity markets generated positive returns as investors welcomed the relief of further fiscal stimulus and the long-awaited approval of vaccines
Canadian defined benefit pension plans in the RBC Investor & Treasury Services All Plan Universe experienced the steepest decline since 2008, posting a median return of -7.1 percent for Q1 2020
It has been a tough start to 2018 for bond investors, with government and corporate bonds across the globe delivering capital losses, according to Matthew Toms, investment associate at Heartwood Investment Management