Fourth Quarter 2017 Plan Sponsor Returns Stay Positive with Public Plans Continuing as Strongest Performers, according to BNY Mellon U.S. Master Trust Universe/Asset Strategy View®

NEW YORK, Feb. 7, 2018 /PRNewswire/ -- The BNY Mellon U.S. Master Trust Universe returned a median +3.55% for the fourth quarter of last year, marking the ninth straight quarter of positive results for the fund-level tracking service. The BNY Mellon U.S. Master Trust Universe, which consists of 614 corporate, foundation, endowment, public, Taft-Hartley, and health care plans, offers peer comparisons of performance by plan type and size.  Launched in 2016, Asset Strategy View is a separate big data service that provides detailed asset allocation, performance, and cash flow data for the majority of the BNY Mellon U.S. Master Trust Universe. Asset Strategy View delivers aggregate levels of asset owner allocations and capital flows to provide insight into market trends and investor activity.

The BNY Mellon U.S. Master Trust Universe, which had a market value of more than $2.1 trillion and an average plan size of over $6 billion as of December 31, 2017, reported a one-year return of +15.16%. This return surpassed its 3-year annualized return of +7.29% and 5-year annualized return of +8.53%.

"Public Pensions benefited from a higher allocation to Non-U.S. equity investments versus other plan types, 22% versus 17% for the Master Trust Universe as a whole," said Frances Barney, CFA, head of Global Risk Solutions at BNY Mellon.

"Non-U.S. equity was the top performing asset class with double-digit gains over the one-year period (+27.95%), followed by US Equity continuing its run of strong performance (+20.79%) followed by Non-US Fixed Income (+11.92%)," she added.

Q4 Highlights

• Over 99% of plans posted positive results during the quarter
• Public Plans saw the highest median return (+3.75%), followed by Corporate Plans (+3.62%)
• U.S. equities posted a quarterly median return of +6.07%, versus the Russell 3000 Index return of +6.34%. Non-U.S. equities saw a median return of +4.84%, compared to the Russell Developed ex U.S. Large Cap Index result of +4.42%. U.S. fixed income had a median return of 0.60%, versus the Barclays Capital U.S. Aggregate Bond Index return of +0.39%. Non-U.S. fixed income had a median return of +0.73%, versus the Citigroup Non-U.S. World Government Bond Index return of +1.57%. Real estate had a median return of +2.29%, versus the NCREIF Property Index result of +1.80%

BNY Mellon U.S.  Trust Universe Median Plan Returns*

*All returns are posted gross of fee results.

BNY Mellon U.S. Asset Allocations Averages (of those invested) by Asset Class

Russell 3000 Index and Russell Developed ex US Large Cap Index:  Russell Investment Group ("Russell") is the source and owner of the Russell Index data contained or reflected in this material and all trademarks and copyrights related thereto.  The Russell Index data may contain confidential information and unauthorized use, disclosure, copying, dissemination or redistribution is strictly prohibited. Barclays Capital U.S. Aggregate Bond Index: © Barclays Bank PLC 2016.  This data is provided by Barclays Bank PLC all rights are reserved. Citigroup Non-US World Government Bond Index: © Citigroup Global Markets Inc., 2016. All rights reserved.

Information containing any historical information, data or analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Past performance does not guarantee future results. The Information should not be relied on and is not a substitute for the skill, judgment and experience of the user, its management, employees, advisors and/or clients when making investment and other business decisions. None of the Information constitutes an offer to sell (or a solicitation of an offer to buy), any security, financial product or other investment vehicle or any trading strategy.

BNY Mellon's Asset Servicing business supports institutional investors in today's fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world. We leverage our global footprint and local expertise to deliver insight and solutions across every stage of the investment lifecycle.

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BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of Dec. 31, 2017, BNY Mellon had $33.3 trillion in assets under custody and/or administration, and $1.9 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Contact:  

Cheryl Krauss
BNY Mellon Investment Services 
[email protected]
+1 212-635-8176 

Frank Pinto    
BNY Mellon Investment Services
[email protected]
+1 917-309-1065

SOURCE BNY Mellon