The BNY Mellon U.S. Master Trust Universe found in its peer comparisons of pensions, endowments and foundations that asset allocations pack a mighty performance punch.
The median return of the BNY Mellon U.S. Master Trust Universe was 10.68% in the second quarter, which nearly erased the 10.9% loss suffered by plans in the first quarter of 2020.
According to BNY Mellon, U.S. equities were up 19.6% -- driving returns in many institutional investor portfolios. While alternatives may have fallen behind in the second quarter generally, for the most part they . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
