Pension Pressure: Low Rates, Reduced Returns
- Pension Pressure: Low Rates, Reduced Returns [3:01]
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Corporate defined benefit pension plans in the US account for about $3 trillion in assets, and how those funds are allocated can have profound implications for investors across a variety of asset classes. Michael Moran, pension strategist at Goldman Sachs Asset Management, discusses the state of these plans in a low interest rate, low funded status environment.