Northern Trust Universe Data: Positive Returns Continue in Third Quarter for Institutional Plan Sponsors
Investment returns stayed in positive territory for institutional plan sponsors in the third quarter of 2019.
- Investment returns stayed in positive territory for institutional plan sponsors in the third quarter of 2019.
- The median plan in the Northern Trust Universe finished with a 0.8 percent return for the three months ending September 30, 2019.
- Asset class diversification helped institutional investors to generate positive returns in the third quarter, with fixed income playing a key role, said Mark Bovier, regional head of Investment Risk and Analytical Services at Northern Trust.
- U.S. equity programs, the largest allocation in most plans in the Northern Trust Universe, had a median return of 0.7 percent in the quarter, while the median return for international equity programs was -1.5 percent.