North America – Page 4

  • News

    US steel merger tests PBGC’s mettle

    7 January 2003

    US – The 1.5 billion dollar takeover of steelmaker Bethlehem Steel by International Steel Group has put the fate of Bethlehem’s pension plan under scrutiny and presents the Pension Benefits Guaranty Corp. with its largest ever pension bailout.

  • News

    US employer contributions to rise - report

    26 November 2002

    US – Up to 65% of US pension plans may require contributions from employers in 2003 due to lower stock market values, says consultancy firm Watson Wyatt.

  • Features

    US funds plunge into deficit

    November 2002 (Magazine)

  • News

    US fund management fees are on the rise

    31 October 2002

    US- Fund management fees in the US are on the rise, according to a study by Lipper, mutual fund information and analysis provider. Declining assets within stock funds are behind the rise in management fees says Lipper.

  • News

    US funds head for third year of negative returns

    12 August 2002

    US- Volatile markets continue to take their toll on US pensions schemes which are now heading for their third consecutive year of negative returns. Figures from Mercer Investment Consulting show corporate funds losing 5.5.% in the first half of the year while public plans and foundation/endowment funds lost a respective ...

  • News

    US funds lose 5% during second quarter

    23 July 2002

    US- US pension funds, endowments and foundations have lost 5% in the second quarter of this year, reversing gains made during the first three months.

  • News

    US schemes show 'modest' first quarter returns

    10 May 2002

    US- US plan sponsors have witnessed modest first quarter returns according to Mercer Investment Consulting. The latest performance figures for US institutional figures show corporate plans returned an average 1% return while public plans and foundation/endowment funds fared better with a corresponding 1.2%.

  • News

    US pension funds assume “too much" for returns

    7 March 2002

    US - A wide gap is developing between the assumptions used by US pension and their rate of return expectations for a number of asset classes, according to research firm Greenwich Associates in Connecticut.

  • News

    US value managers come out on top says S&P

    6 February 2002

    US- US value managers comprehensively outperformed their growth counterparts in the twelve months to last November according to the latest research from Standard & Poor’s.

  • News

    US expert to make pensions speech at Oxford

    30 May 2001

    UK – Leading US population expert, Dr Linda Martin, president of the Population Council in New York is giving a speech on future pensions in an ageing world at the University of Oxford on Thursday June 14...

  • News

    US equities record worst deficit since depression

    15 February 2001

    US/UK - US equities experienced their widest negative margin against bonds since the great depression of the 1930s last year - returning a deficit of 30.4% less than fixed-income securities, according to the annual Equity Gilt Study by Barclays Capital...

  • News

    US plans beat EAFE benchmarks despite negativity

    1 February 2001

    US – Pension funds actively investing internationally beat their overseas equity benchmarks last year, despite the performance figures for both coming in below zero...