Update: Institutional plans post third-quarter returns, but many gains erased in November

The median corporate, public, and foundation/endowment plan enjoyed positive third-quarter results in 2007, finds Mercer's Summary Performance of US Institutional Portfolios survey. Corporate plans saw a median third-quarter gain of 2.2%, while public plans and foundation/endowment funds rose 2.3% and 2.4%, according to the quarterly survey. However, many gains disappeared in November as negative market reactions to subprime mortgage concerns continued.   (Update, 16 Nov 2007, 7 pages)

• Full Update (PDF)

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