In 2018, the Port of Los Angeles sought out interim funding solutions to support cash flow needs related to its ongoing capital improvement program.
The Global Market Snapshot provides a quick tour around the world, highlighting key economic and market-moving news, featuring actionable insights for all investors.
Corporate pension funding levels declined during the second quarter. Although rising equity markets had a positive impact, the impact of declining interest rates (that increased liabilities) was much larger.
As equity market and interest rates swings have recently increased pension funded status volatility, we discuss how plan sponsors can take advantage by adopting a well-executed glidepath strategy.