• Wilshire reported a -0.37% all-plan median gross return for institutional assets tracked by its Trust Universe Comparison Service in the first quarter of 2026, versus a -1.9% loss for a traditional global 60/40 portfolio.
• U.S. equities were the main drag, with the Wilshire 5000 down -3.88% for the quarter, while the Bloomberg U.S. Aggregate Bond Index slipped -0.05%.
• International equities held up better, with the MSCI AC World ex U.S. down -0.71%.
• For the 12 months ended March 31, 2026, the all-plan median return was 11.86%, trailing the global 60/40 gain of 13.62% as relatively low international equity exposure weighed on results.
• Large foundations and endowments kept the highest alternatives exposure, with a median allocation above 50%, versus 22.8% for large corporate funds and 23.9% for large public funds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wilshire Associates Incorporated published the original content used to generate this news brief on May 18, 2026, and is solely responsible for the information contained therein.