Ryan ALM
Blog
Pension Plan Sponsor: "I Wish that I could..."
In October, I will celebrate my 45th year in the pension/investment industry. I've been truly blessed, but also frustrated by activities that I deem detrimental to the successful management of DB pension plans. First and foremost, I believe that a...
Unfortunately, the Joke Was On Us!
I started raising alarm bells related to DB pension exposure to alternatives - mainly private equity and private credit several years ago, and have produced roughly a dozen blog posts that touch on this issue. You may recall some of...
Eliminate the Uncertainty
There are many benefits to using Cash Flow Matching (CFM) for your pension plan, endowment or foundation. The obvious benefit is the liquidity that is created to meet ongoing expenditures, whether benefit payments or grants. That liquidity comes at a...
“Everybody’s looking under every rock.” Jay Kloepfer
Institutional Investor's James Comtois has recently published an article that quoted several industry members on the near-term (10-years) return forecast for both public and private markets, which according to those asked are looking anemic. No one should be surprised by...
DC Participants: "Just Say No"
Most everyone who lived through the '80s will remember the slogan "Just Say No". The slogan was created and championed by Nancy Reagan during her husband's presidency. As you'll recall, the slogan was part of the U.S.-led war on drugs....
It Doesn't Have to be This Way
By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Financial Times (FT) recently published an article highlighting the struggles of Ivy League schools trying to manage liquidity in the face of an extended downturn in the performance of private markets....
The Joke's On Us!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. According to a P&I article, the ECB has undertaken an “exploratory review of bank exposures to private equity and private credit funds in order to better understand these channels and to assess...