Ryan ALM
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Did They Not Get The Memo?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Great Resignation, aka the Big Quit or the Great Reshuffle, has been raging on since early 2021. We have witnessed a tremendous migration of workers from one job to another. Commentators...
ARPA Update as of July 22, 2022
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with the weekly update related to the ARPA pension legislation. However, once again there is little to report. We had one pension system submit their revised...
The Greatest Asset of a Pension: Time!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We have provided perspective within this blog on the importance of having a long time horizon. In fact, we have multiple blogs that discuss the idea of buying time . I'm pleased...
The Importance of Dividends - Updated
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We've shared with you on a couple of occasions the output from a report published by Guinness Asset Management. In our February 23, 2022 blog on this subject, we highlighted the fact...
CalPERS Reported Performance: Congratulations!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. CalPERS, the roughly $440 billion public pension plan, has reported the plan's preliminary fiscal performance results through June 30, 2022, at -6.1% or -$29 billion in AUM. I'm sure that there is...
ARPA Update as of July 15, 2022
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Perhaps many sponsors of multiemployer plans potentially eligible to receive SFA grant assets remain confused by the recent PBGC Final Final Rules (FFR)/guidelines? Perhaps we are just in the Summer doldrums and...
Inflation History - A little Context
By: Russ Kamp, Managing Director, Ryan ALM, Inc. The CPI-U was published today. Market forecasters had anticipated that inflation would continue to rise, and they estimated that the 12-month annualized inflation # would be 8.8%. They got the direction right,...
Ryan ALM, Inc.'s 2Q'22 Newsletter
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you the Ryan ALM Newsletter for the second quarter of 2022. Despite a very rough start to the year for the capital markets, the present value...
ARPA Update as of July 8, 2022
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Last week was an incredibly busy week for the PBGC as they published the Final Final Rules (FFR) on how to implement the ARPA Pension legislation. I provided my initial feedback in...
Ryan ALM 2Q'22 Pension Monitor
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you the Ryan ALM Q2'22 Pension Monitor . Despite the fact that pension assets had another challenging quarter, pension liabilities once again fell to a greater...