Ryan ALM
Blog
Older Workers Left Out In The Cold?
A colleague recently passed to me an interesting article from Forbes , titled "Is There A War Being Waged Against Older Workers In The Workplace?" The article raises a number of viable arguments in support of such a claim, including...
Active ETFs - Where's The Beef?
In April 2008, I was thrilled to be part of the launch of the industry's first active ETFs. Invesco's quant group (IQS) created an ETF in conjunction with Invesco PowerShares that was managed actively versus the Russell 200 Mega Cap...
Remember 130/30 Strategies?
I saw this headline from P&I: "84% of Investors Apply or are Considering, ESG" - Morgan Stanley survey claims To say that I'm skeptical would be a major understatement. I couldn't help but think about the "excitement" surrounding 130/30 products...
No, It Doesn't!
The U.S. Government does not have a spending problem just because recent outlays have eclipsed receipts and the U.S. Federal deficit is projected to be close to $1 trillion in 2018! Several U.S. states do have a spending problem, as...
Will Long Bond Demand Weaken?
We sincerely appreciate when friends share with us meaningful graphs/charts/articles - thanks, Chris, for the chart below! According to Deutsche Bank Research, demand for stripped securities has been very strong from pension plans. Despite this increased appetite, long rates have...
Colorado (PERA) Initiating Pension Reform?
Samantha Fillmore is reporting on the Heartland Institute's website that Colorado Public Employees' Retirement Association has enacted some reform measures to help them close a huge funding gap. However, the reforms seem quite modest, at best. It is being reported...
Why Are Americans Tapping Their Retirement Accounts?
As a follow-up to our previous blog post, the St. Louis Federal Reserve is reporting that "real" weekly wages since Q1 1999 have only grown from $335 to $350 through Q1 2018. Is it not surprising that a significant percentage...
But, What Are They To Do?
We've often claimed that defined contribution plans were little more than a "glorified savings account", and the following data from GoBankingRates supports our conclusion. We agree with the financial experts that t apping into one's retirement dollars early is considered...
Brown: Pensions In Danger!
Sen. Sherrod Brown, D-Ohio, said during a hearing of the Joint Select Committee on the Solvency of Multiemployer Pension Plans that any proposal emanating from this body must address both the pension plans (1.3 million participants in failing plans) and...
Just Shifting Deck Chairs On The Titanic!
Los Angeles County Employees' Retirement Association (LACERA) is considering adopting a new asset allocation change. Under the new proposal, the "growth" category (global equity, private equity, and real estate) will see a 4% reduction from 50% to 47%. However, private...