Ryan ALM
Blog
Remember: NO Free Lunch!
In 1938, journalist Walter Morrow, Scripps-Howard newspaper chain, wrote the phrase "there ain't no such thing as a free lunch" . The pension community would be well-served by remembering what Mr. Morrow produced more than eight decades ago. Morrow's story...
What's Your Duration?
The recent rise in U.S. Treasuries had us redoubling our effort to encourage plan sponsors of U.S. pension plans to take some risk off the table by using cash flow matching (CFM) to defease a portion of the plan's liabilities,...
20+ Years in the Making!
For the first time since the dot.com bubble burst, the equity risk premium on the S&P 500 has fallen below 0. If you are concerned that U.S. large cap equities are looking frothy, this graph certainly supports that sentiment. Is...
It May Not Be the Iron Gwazi, But...
I was fortunate to enter the investment industry in October 1981. The 10-year Treasury note's yield was around 15% at that time. U.S. interest rates would fall (collapse?) for most of the next four decades until they bottomed during the...
Kamp Named CEO of Ryan ALM, Inc.
By: Ronald J. Ryan, CFA, CEO, Ryan ALM, Inc. Press Release ________________________________________________________________________________ Russ Kamp Named CEO of Ryan ALM, Inc. Effective 1/01/25 Russ Kamp will be the new CEO of Ryan ALM, Inc. Ronald J. Ryan, CFA will become the...