Thought Leadership

Seeking value amid low rates, rising risk and political uncertainty

As interest rates continue to tumble this year, chief investment officers are left grappling with a familiar problem: finding yield in fixed income without taking on excessive risk.

“Rather than trying to predict and time interest rate levels, we think investors do better over the long-term through careful security selection in spread sectors.”

An Alternative Perspective on the Illiquidity Discount

We show that the return to a defensive equity portfolio can be decomposed into a hedging component and a component that seeks to generate returns.

Does your organization have developed investment beliefs? Learn why every investment committee needs an investment beliefs document and the six key questions that can help you develop one.

Many corporate DB plans are looking for ways to maximize the duration of their liability-hedging allocations while using as little capital as possible.

Actuarial firms, bankers and insurance companies have been urging U.S. defined benefit plan sponsors to transfer their liabilities to a third party. Transferring the total liability has proven too onerous for most plan sponsors, so these institutions have been pitching partial risk transfers (PRT) instead. However, the touted long-term cost savings and pension risk reduction may turn out to be underwhelming, if not elusive.

5 Steps to Getting Consensus on Technology Selection and Accelerating Value

An interview with Neil Blundell & Jacob Borbidge