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Assets of top funds up 6.2 percent to $9.4 trillion

from Pensions & Investments

Positive market returns for all major asset classes helped boost assets for the 1,000 largest U.S. retirement plans to $9.39 trillion as of Sept. 30, up 6.2 percent from 12 months earlier, Pensions & Investments' annual survey found. During the survey period, defined benefit plans in the top 1,000 saw assets rise 4.9 percent to an aggregate $6.12 trillion, while defined contribution assets rose 8.6% to $3.28 trillion. more

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