{"id":439925,"date":"2021-02-19T09:03:23","date_gmt":"2021-02-19T14:03:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=439925"},"modified":"2021-02-19T09:03:23","modified_gmt":"2021-02-19T14:03:23","slug":"median-total-master-trust-posts-third-consecutive-positive-return-in-q4-2020-according-to-bny-mellon-u-s-master-trust-universe","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/median-total-master-trust-posts-third-consecutive-positive-return-in-q4-2020-according-to-bny-mellon-u-s-master-trust-universe\/","title":{"rendered":"Median Total Master Trust Posts Third Consecutive Positive Return in Q4 2020 According to BNY Mellon U.S. Master Trust Universe"},"content":{"rendered":"
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Strong equity markets continue to drive positive plan performance with non-U.S. equity markets taking the lead versus U.S. for the quarter<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n NEW YORK<\/span>, Feb. 19, 2021<\/span> \/PRNewswire\/ —\u00a0The BNY Mellon U.S. Master Trust Universe returned a median +9.37% in the fourth quarter of 2020, continuing the strong quarterly performance results starting in the second quarter of 2020. \u00a0<\/p>\n

The BNY Mellon U.S. Master Trust Universe offers peer comparisons of performance by plan type and size. It consists of 483 corporate, foundation, endowment, public, Taft-Hartley, and health care plans with a total market value of more than $2.4 trillion<\/span> and an average plan size of over $8.0 billion<\/span>. In aggregate, U.S. Master Trust Universe plans reported a one-year return of +13.15%, exceeding the 3-year annualized return of +8.66% and the 5-year annualized return of +9.67% respectively. \u00a0<\/p>\n

Endowments were the highest performing plan type for the second quarter in a row, benefitting from having the highest allocation to Alternative Assets of any plan type. Corporate plans continued to underperform other plan types due to higher allocations to fixed income investments and lower allocations to alternative investments. The average Corporate Plan allocated 46% of their assets to U.S. Fixed Income and 13% to alternatives while the average plan in the Master Trust Universe allocated 29% of their assets to U.S. Fixed Income and 23% to alternatives.<\/p>\n

“According to BNY Mellon’s Master Trust Universe, non-U.S. equity was the highest performing asset class in the fourth quarter of 2020 while fixed income performance continued to lag. Endowment performance was again supported by high allocations to alternative investments and underweighting of fixed income investments,” said Frances Barney<\/span>, CFA, Head of Global Risk Solutions at BNY Mellon. <\/p>\n

\n Additional Q4 Highlights<\/b>\n <\/p>\n