Pension Pressure: Low Rates, Reduced Returns

Published on08 OCT 2015

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.

The outlook for many pension plans here in the United States is that reducing equities, reducing other return-seeking assets, and increasing allocations to long duration fixed income will likely continue.

- Michael Moran

Michael Moran
Pension Strategist, Goldman Sachs Asset Management, Goldman Sachs