The Forgotten 70%: Strategies for Pension Plans Accruing Benefits
Plans with active participants need a holistic, flexible risk budgeting approach—not a simple glide path.
July 2015
Trimming the Fat While Sniffing for Truffles
Late-stage investing is challenging. As central banks around the globe have generally been in easing mode, valuations for bonds and risk assets have appreciated, leaving very little value and some pockets of froth. Ultra-low yields have pushed investors into increasingly risky assets—from high yield bonds to venture capital—in search of attractive returns. In this webinar, […]
July 2015
MAPping the Future of Pension Funding
The Highway and Transportation Funding Act of 2014, which temporarily maintains the solvency of the Highway Trust Fund, can benefit most pension plan sponsors by giving them flexibility around the timing and amount of contributions for the next several years, but may not decrease the total amount of contributions required over the long term.
August 2014
Constructing a Liability Hedging Portfolio: A Guide to Best Practices for US Pension Plans
The construction and calibration of a liability hedging portfolio is integral to effective pension portfolio risk management, and this report delineates key considerations and best practices for the liability hedge allocation.
May 2014
Concentrated Stock Portfolios
Families can use several strategies to mitigate the risks of single-stock exposures, thereby supporting both wealth-preservation and philanthropic goals.
September 2013
Why Did I Diversify?
While simple 100% U.S. equity and stock/bond portfolios have outperformed recently, highly diversified portfolios have superior returns over decades.
August 2013
Pension Risk Management
Asset management and investment banking firms across the globe continue to develop a variety of liability driven investing (LDI)–focused products and solutions for the pension plan community; however, there remains broad confusion over the meaning of LDI.
February 2011