Institutional Plans Rack Up Another Positive Quarter
July 29, 2011 (PLANSPONSOR.com) - U.S. institutional investment plan sponsors in the Northern Trust Universe had their fourth consecutive quarter of positive results in Q2.
According to a press release, those plans gained 1.2% at the median.
The Northern Trust Universe represents the performance of about 300 large institutional investment plans, with a combined asset value of approximately $839.2 billion, which subscribe to Northern Trust performance measurement services.
In the second quarter, Corporate Pension Plans had a median return of 1.4%, while Public Funds returned 1.3%, and Foundations & Endowments rose 1.1% at the median. According to the report, Public Funds led the way in 12-month returns, gaining 22.2% at the median, while the median one-year return was 20.8% for Corporate Pensions, and 20.3% for Foundations & Endowments.
Longer-term performance results for all plans in the Northern Trust Universe are:
1 Yr 2 Yr 3 Yr 5 Yr
Corporate Pension Plans 20.8% 18.2% 4.8% 5.2%
Public Funds 22.2% 17.8% 4.2% 4.7%
Foundations & Endowments 20.3% 16.1% 2.8% 4.4%
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