Breadcrumb Home INTERACTIVE October 05, 2020 05:08 PM By the Numbers for September 2020 Aaron M. Cunningham Tweet Share Share Email More Reprints Print Pension risk transfer activity Annual volume by category (billions) Most recent transactions (millions) TypeSponsorDateAssets TI Group Pension SchemeSept. 24$183 Moog Inc.Sept. 21$481 HP Inc.Sept. 9$2,000 Marathon Service (G.B.) Ltd. Pension and Life Assurance SchemeSept. 1$798 Hitachi U.K. Pension SchemeAug. 25$360 Siemens Benefits SchemeAug. 19$692 Littlewoods Pensions SchemeAug. 12$1,200 Arconic Inc.Aug. 4$250 Countrywide Farmers Retirement Benefits SchemeJuly 30$128 LV= Employee Pension SchemeJuly 28$1,000 For details on all recent pension risk transfers, click here. Monthly corporate funding ratio Trailing 12-month returns by asset class 2020 FebruaryMarchAprilMayJuneJulyAugust>September BB U.S. Agg 11.7%BB U.S. Agg 8.9%BB U.S. Agg 10.8%S&P 500 12.8%BB U.S. Agg 8.7%S&P 500 12.0%S&P 500 21.9%S&P 500 15.1% S&P 500 8.2%Cash 2.3%Global ex-U.S. fixed income 2.6%BB U.S. Agg 9.4%S&P 500 7.5%BB U.S. Agg 10.1%MSCI EM 16.5%MSCI EM 10.4% High Yield 6.1%Global ex-U.S. fixed income 0.7%Cash 2.1%MSCI EM 5.4%MSCI EM 2.1%MSCI EM 7.2%MSCI ACWI ex-U.S. 8.3%BB U.S. Agg 7.0% Global ex-U.S. fixed income 4.8%High Yield -6.9%S&P 500 1.8%Global ex-U.S. fixed income 2.7%Cash 1.7%Global ex-U.S. fixed income 5.9%BB U.S. Agg 6.5%Global ex-U.S. fixed income 5.5% MSCI EM 3.9%S&P 500 -7.0%MSCI EM -4.3%Cash 1.9%Global ex-U.S. fixed income 0.7%High Yield 4.1%Russell 2000 6.0%High Yield 3.3% Real Estate 3.1%MSCI EM -11.3%High Yield -4.5%High Yield 1.38%High Yield 0.0%Cash 1.5%High Yield 4.7%MSCI ACWI ex-U.S. 3.0% Cash 2.2%MSCI ACWI ex-U.S. -15.6%MSCI ACWI ex-U.S. -11.2%MSCI ACWI ex-U.S. -3.4%MSCI ACWI ex-U.S. -4.8%MSCI ACWI ex-U.S. 0.7%Global ex-U.S. fixed income 4.6%Cash 1.1% MSCI ACWI ex-U.S. -0.7%Real Estate -23.0%Russell 2000 -13.2%Russell 2000 -3.4%Russell 2000 -6.6%Russell 2000 -4.6%Cash 1.3%Russell 2000 0.4% Russell 2000 -4.9%Russell 2000 -24.0%Real Estate -16.4%Real Estate -16.1%Real Estate -15.5%Real Estate -13.2%Real Estate -12.0%Real Estate -16.6% DC investment performance DC investment transfer activity DC average allocations to high yield Sources: P&I Research Center; NISA Investment Advisors; Bloomberg LP; Callan Recommended for You High-yield spreads narrow, default rates drop By the Numbers for April 2021 Graphic: Invesco’s bid for performance gains Sponsored Content: Research for Institutional Money Management sponsored Events Sponsored White Papers Bipsync Client Stories: RMS in Action at Pensions and Superannuation Funds COVID-19 Makes LP Portfolio Management More Important Than Ever China: the outlook is bright for longer-term investors Finding Differentiation in Securitized Assets Green and sustainable bonds in emerging markets Portfolio Protection: One Size Fits None View More Sponsored Content Partner Content The Industrialization of ESG Investment For institutional investors, ETFs can make meeting liquidity needs easier Gold: the most effective commodity investment 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios Ten ways retirement plan professionals add value to plan sponsors Gold: an efficient hedge View More