Assets under management were $73 billion at the end of the year
Losses were offset by gains in real estate, infrastructure and renewables
Mercer reports plan solvency metrics improved despite market turmoil
Proposed class action claims that improper fees hurt investors' returns
Fund families that used liquid alts and underweighted certain asset classes tended to outperform in 2022
The pension fund manager's return was negative for its first three quarters
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Despite the downward trend, European regulators stressed that costs remain an important consideration
The median solvency ratio decreased slightly after eight straight quarterly improvements