The median fund in the Russell/Mellon Analytical Services Master Trust Universe declined 5.36% in the second quarter and 6.14% for the year ended June 30. The average asset allocation in the Master Trust Universe was 44% domestic equities, 27% domestic fixed income, 15% non-U.S. equities, 1% alternatives, 3% real estate, 1% cash and 9% other. The universe consists of 350 corporate and public pension funds, foundations and endowments.
The median fund in the Russell/Mellon Analytical Services Master Trust...
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