BNY Mellon says higher allocations to U.S. equity drove outperformance.
Tag: Taft Hartley plans
Second quarter rebounded slightly from last quarter, which posted negative median returns for all plans for the first time in nearly three years, according to Wilshire TUCS.
Market volatility weighed down returns, with Corporate Plans seeing a median first quarter loss of 0.78%.
The Wilshire Trust Universe Comparison Service (Wilshire TUCS) saw a median return of 3.59% for all plan types in the fourth quarter, the longest string of positive quarterly returns for all plan types since June 1998.