{"id":1142,"date":"2020-03-24T23:48:00","date_gmt":"2020-03-25T03:48:00","guid":{"rendered":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/"},"modified":"2021-11-02T19:09:26","modified_gmt":"2021-11-02T23:09:26","slug":"thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020","status":"publish","type":"newsroom","link":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/","title":{"rendered":"ThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020"},"content":{"rendered":"
[vc_row][vc_column width=”1\/1″][vc_column_text uncode_shortcode_id=”887249″]NEPC’s Pension Investor Flash Poll was mentioned in an article by ThinkAdvisor<\/a>.<\/p>\n

Four in five defined benefit plan sponsors in a poll conducted March 9 said there was at least a 50% chance of a recession because of the COVID-19 pandemic, NEPC reported Tuesday.<\/p>\n

Sixty-seven percent of respondents said negative interest rates in the U.S. were unlikely, giving such an occurrence only a 25% chance. Nineteen percent put the chance of negative rates at 50% or more, and 14% said there was no chance.<\/p>\n

Sixty-three percent of plan sponsors said they expected negative returns from the S&P 500 in 2020, and 15% anticipated a loss of more than 10% for the year. Only 37% of respondents expected positive returns.<\/p>\n

“The rapid spread of the new coronavirus has rattled markets and shaken corporate pensions who are trying to determine the true economic and market impacts of this pandemic,” Brad Smith, a partner and member of NEPC’s corporate practice group, said in a statement.<\/p>\n

“While this is a new landscape of uncertainty, NEPC is counseling corporate pensions and all investors to mitigate risk by staying diversified, rebalancing towards targets, and having a clear plan of action.”<\/p>\n

And indeed a majority of investors said they were staying the course. Fifty-two percent of survey participants said the market was too volatile for action. Of those making adjustments, 31% said they were rebalancing to targets, and 7% were raising cash.<\/p>\n

Respondents to the survey conducted by NEPC’s corporate defined benefit group represented a diverse array of corporations and not-for-profit health care organizations. Fifty-three percent had an asset size of less than $1 billion, and 47% had an asset size greater than $1 billion.<\/p>\n

NEPC noted that larger plans were likelier to have a negative view of the economy. One-third of these respondents said the chance of a recession owing to COVID-19 was greater than 75%, compared with 24% of smaller plans that held the same view.<\/p>\n

This difference in perception applied to markets, as well. Forty-seven percent of bigger plans expected positive returns from the S&P 500, compared with only 28% of smaller plans.[\/vc_column_text][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column width=”1\/1″][vc_column_text uncode_shortcode_id=”887249″]NEPC’s Pension Investor Flash Poll was mentioned in an article by ThinkAdvisor.<\/p>\n","protected":false},"author":95,"featured_media":1115,"template":"","meta":{"content-type":"","footnotes":""},"newsroom_categories":[81],"newsroom_tags":[82,83],"class_list":["post-1142","newsroom","type-newsroom","status-publish","has-post-thumbnail","hentry","newsroom_categories-in-the-news","newsroom_tags-press","newsroom_tags-press-coverage"],"yoast_head":"\nThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020<\/title>\n<meta name=\"description\" content=\"Four in five defined benefit plan sponsors in a poll conducted March 9 said there was at least a 50% chance of a recession because of the COVID-19 pandemic, NEPC reported Tuesday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020\" \/>\n<meta property=\"og:description\" content=\"Four in five defined benefit plan sponsors in a poll conducted March 9 said there was at least a 50% chance of a recession because of the COVID-19 pandemic, NEPC reported Tuesday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"NEPC - Private Wealth\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-02T23:09:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/09\/newsroom-generic.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"472\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/\",\"url\":\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/\",\"name\":\"ThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020\",\"isPartOf\":{\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/09\/newsroom-generic.jpg\",\"datePublished\":\"2020-03-25T03:48:00+00:00\",\"dateModified\":\"2021-11-02T23:09:26+00:00\",\"description\":\"Four in five defined benefit plan sponsors in a poll conducted March 9 said there was at least a 50% chance of a recession because of the COVID-19 pandemic, NEPC reported Tuesday.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#primaryimage\",\"url\":\"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/09\/newsroom-generic.jpg\",\"contentUrl\":\"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/09\/newsroom-generic.jpg\",\"width\":720,\"height\":472,\"caption\":\"Reports and documents on top of a newspaper.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.nepc.com\/private-wealth\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/#website\",\"url\":\"https:\/\/www.nepc.com\/private-wealth\/\",\"name\":\"NEPC - Private Wealth\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.nepc.com\/private-wealth\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/#organization\",\"name\":\"NEPC Investment Consulting\",\"url\":\"https:\/\/www.nepc.com\/private-wealth\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/03\/NEPC-logo.svg\",\"contentUrl\":\"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/03\/NEPC-logo.svg\",\"width\":80,\"height\":71,\"caption\":\"NEPC Investment Consulting\"},\"image\":{\"@id\":\"https:\/\/www.nepc.com\/private-wealth\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020","description":"Four in five defined benefit plan sponsors in a poll conducted March 9 said there was at least a 50% chance of a recession because of the COVID-19 pandemic, NEPC reported Tuesday.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/","og_locale":"en_US","og_type":"article","og_title":"ThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020","og_description":"Four in five defined benefit plan sponsors in a poll conducted March 9 said there was at least a 50% chance of a recession because of the COVID-19 pandemic, NEPC reported Tuesday.","og_url":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/","og_site_name":"NEPC - Private Wealth","article_modified_time":"2021-11-02T23:09:26+00:00","og_image":[{"width":720,"height":472,"url":"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/09\/newsroom-generic.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/","url":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/","name":"ThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020","isPartOf":{"@id":"https:\/\/www.nepc.com\/private-wealth\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#primaryimage"},"image":{"@id":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/09\/newsroom-generic.jpg","datePublished":"2020-03-25T03:48:00+00:00","dateModified":"2021-11-02T23:09:26+00:00","description":"Four in five defined benefit plan sponsors in a poll conducted March 9 said there was at least a 50% chance of a recession because of the COVID-19 pandemic, NEPC reported Tuesday.","breadcrumb":{"@id":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#primaryimage","url":"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/09\/newsroom-generic.jpg","contentUrl":"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/09\/newsroom-generic.jpg","width":720,"height":472,"caption":"Reports and documents on top of a newspaper."},{"@type":"BreadcrumbList","@id":"https:\/\/www.nepc.com\/private-wealth\/newsroom\/thinkadvisor-plan-sponsors-expect-recession-negative-sp-returns-in-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.nepc.com\/private-wealth\/"},{"@type":"ListItem","position":2,"name":"ThinkAdvisor: Plan Sponsors Expect Recession, Negative S&P Returns in 2020"}]},{"@type":"WebSite","@id":"https:\/\/www.nepc.com\/private-wealth\/#website","url":"https:\/\/www.nepc.com\/private-wealth\/","name":"NEPC - Private Wealth","description":"","publisher":{"@id":"https:\/\/www.nepc.com\/private-wealth\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.nepc.com\/private-wealth\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.nepc.com\/private-wealth\/#organization","name":"NEPC Investment Consulting","url":"https:\/\/www.nepc.com\/private-wealth\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.nepc.com\/private-wealth\/#\/schema\/logo\/image\/","url":"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/03\/NEPC-logo.svg","contentUrl":"https:\/\/www.nepc.com\/private-wealth\/wp-content\/uploads\/sites\/3\/2021\/03\/NEPC-logo.svg","width":80,"height":71,"caption":"NEPC Investment Consulting"},"image":{"@id":"https:\/\/www.nepc.com\/private-wealth\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/newsroom\/1142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/newsroom"}],"about":[{"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/types\/newsroom"}],"author":[{"embeddable":true,"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/users\/95"}],"version-history":[{"count":0,"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/newsroom\/1142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/media\/1115"}],"wp:attachment":[{"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/media?parent=1142"}],"wp:term":[{"taxonomy":"newsroom_categories","embeddable":true,"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/newsroom_categories?post=1142"},{"taxonomy":"newsroom_tags","embeddable":true,"href":"https:\/\/www.nepc.com\/private-wealth\/wp-json\/wp\/v2\/newsroom_tags?post=1142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}