Investing July 8, 2004

Ryan: Pension Assets Higher in June

July 8, 2004 (PLANSPONSOR.com) - Pension assets again got the better of liabilities in June, putting 2004 back in a positive asset/liability value added position.
Reported by

In May, pension assets were up 2.58% while liabilities decreased 0.20%, following up a positive asset return in May and April.  For the year, assets have outperformed liabilities by 2.28%, according to data supplied by Ryan Labs, the specialist fixed income research and asset management firm that manages bond portfolios tailored to match plans’ liability profiles.

Since December 1999, the cumulative Asset/Liability deficit is now at -45.35% suggesting funding ratios below 60% for most pensions.

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