Update: Institutional plans post negative Q4 returns, but annual 2007 returns remain positive

The median corporate, public and foundation/endowment plan saw negative results for the fourth quarter of 2007, Mercer's latest survey of plan sponsor performance reports. The median corporate plan lost 0.7 percent, while public plans and foundation/endowment funds had losses of 0.8 percent and 0.2 percent in the fourth quarter, according to Mercer's Summary Performance of US Institutional Portfolios. Results in 2007 continue to decline as the threat of a US recession and the subprime crisis weigh on investors' expectations.  (Update, 21 Feb 2008, 1 page)

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