Ryan ALM
Blog
Are Low Interest Rates An Impediment to Derisking a DB Plan?
We had a very interesting conversation with a plan sponsor prospect recently who was intrigued with the idea of beginning to derisk their DB plan but had been cautioned by their asset consultant that the strategy made no sense in...
Performance Fees in Long-only Mandates - Why Not?
At a recent Opal Public Funds conference in Newport, RI, the conversation turned to fees, and specifically to performance fees for long-only mandates. As usual, there seemed to be less acceptance of these fee structures for long-only products than there...
KCS August 2017 Fireside Chat
We are pleased to share with you the latest edition of the KCS Fireside Chat series . In this article, we discuss once again Pension Obligation Bonds (POBs), but there is a twist. Ryan ALM and KCS are working with...
Happy 6th Anniversary KCS
It is hard to believe that Kamp Consulting Solutions, LLC (KCS) will be celebrating its sixth anniversary tomorrow (8/1). It has been a very rewarding 6 years on so many levels! As we embark on year 7, we continue to...
When to De-risk a DB plan?
Several members of the KCS consulting team returned from the Opal Public Funds conference in Newport, RI, encouraged that DB plan sponsors were starting to understand that measuring and monitoring a plan's liabilities is as important as following the assets...
What's On The First Page Of Your Performance Report?
Most DB pension committees receive a quarterly performance report, and perhaps even a monthly performance snap shot, from their asset consultant or OCIO provider. I would hazard a guess that the performance report begins with a view of the total...
Cryptocurrencies and Price Volatility
In a recent KCS Fireside Chat article, we discussed cryptocurrencies (specifically Bitcoin), in which we raised concerns about the volatility in price being a possible deterrent that would likely keep these "currencies" from gaining greater mainstream use. At the time...
Home Ownership and the Racial Wealth Divide
According to a recent report by the St. Louis Federal Reserve, home ownership impacts racial groups differently, in terms of wealth creation. Both black and Latino families have greater wealth concentrated in their homes than do white and Asian families....
KCS July 2017 Fireside Chat - "Funny Money? Not Anymore."
We are pleased to provide you with the latest edition of the KCS Fireside Chat series . This article is the 60th monthly Fireside Chat that we’ve produced, and by far one of the most challenging for me to write,...
Choose The Path Less Taken!
I happened to see the following quote while watching the movie, "The Big Short", and I thought that it was perfect for what is transpiring within DB pension plans. “It ain’t what you don’t know that gets you into trouble....