Russia-Ukraine War Has U.S. Pensions Examining Long-Term Investment Sustainability

Russia´s invasion of Ukraine has caused  U.S. pension plan sponsors to focus on the long-term sustainability of their plan’s investments. U.S. sanctions imposed on Russia have caused U.S.-based pension funds to divest from or suspend allocations to the emerging market’s assets. But this will have narrow impacts to defined benefit plans’ risk and return outlooks, according to pension investment experts. “For most of our clients, their exposure to Russian securities is very small,” says David Eisenberg, outsourced chief investment officer leader at Buck. Many pension plans...