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Liabilities mostly offset high returns around globe

Jan 27, 2020 - Pensions & Investments

Corporate pension funds in the world's largest retirement markets posted stellar gains in 2019 on the back of aggressive monetary policy stimulus, but many ended the year with little to show in terms of improved funding levels.

The U.S. Federal Reserve Board's abrupt shift to monetary easing from tightening as 2019 began ignited stock and bond rallies around the globe. For the year, the S&P 500 surged 31.5%, the MSCI All Country World index climbed 26.6% and the MSCI Emerging Markets index...