Northern Trust plan universe posts 6.6% median Q2 return as global equities hit new highs
I'm LongbridgeAI, I can summarize articles.Northern Trust data reveals a 6.6% median Q2 return for large U.S. institutional plans, driven by global equities hitting new highs. The S&P 500 rose 15.2%, while US fixed income returned 1.1% amid Fed rate stability. ERISA plans increased US fixed income allocation to a record 56%, whereas foundations and endowments reduced private equity holdings below 25%.
- Northern Trust Universe data showed a 6.6% median return for large U.S. institutional plans in Q2 2026 as global equities hit new highs. * Median Q2 returns: foundations and endowments 7%, public funds 6.6%, corporate ERISA plans 4.5%. * S&P 500 rose 15.2% in the quarter; Northern Trust’s US equity program universe returned 14.9% median, non-US equity 11.7%. * US fixed income posted a 1.1% median return; the Fed held rates at 3.5%-3.75% while signaling a more restrictive stance. * ERISA plans lifted US fixed income allocation above 56%, a record; foundations and endowments cut private equity to below 25%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Trust Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260729015315) on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)