Ryan ALM
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ARPA Update as of May 5, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. If it's Monday, it must be ARPA update day. I'm a little late today in providing an update as a trip to and from Baltimore to empty a dorm room pushed my...
POBs Should Still Be On The Table for Discussion
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Pension Obligation Bonds (POBs) were all the rage in 2021 following the historic collapse in US interest rates during the initial market reaction to Covid-19. You may recall that I wrote and...
Doesn't the Starting Point Matter?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. The US Federal Reserve didn't disappoint anyone today, other than those who for some strange reason have been expecting the Fed to have eased by now and in some cases all the...
ARPA Update as of April 28, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with the weekly update on the PBGC's progress in implementing the ARPA legislation. They've been diligently stewarding this process Since July 2021. There are still many...
-61.1% Is Some Cost Reduction!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Ryan ALM has just completed the production of a Custom Liability Index™ (CLI) for a pension system in which we mapped the plan's net liabilities (benefits and expenses net of all contributions)...
Will Economic Growth Be Thwarted at These Rates?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. It is time for market participants to be real! I'm not referring to the social media app BeReal that has captured the attention of both young and old. I'm talking about the...
ARPA Update as of April 21, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide you with an update on the PBGC's yeoman effort to implement the ARPA legislation. The process has been underway since July 2021, when the PBGC issued its...
ARPA Update as of April 14, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to be able to provide you with this ARPA update through April 14, 2023. I am able to provide these summaries of the week's activity for you thanks to...
The Gap Is Narrowing
By: Russ Kamp, Managing Director, Ryan ALM, Inc. US Treasury Yields mostly peaked during the fourth quarter of 2022. However, they did stage a brief rally in February, but in no case did they reach the peak yield established during...
Ryan ALM, Inc. 1Q'23 Newsletter
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you the Ryan ALM, Inc. 1Q'23 Newsletter. We hope that you find our insights useful. As you will see, first quarter asset performance was certainly a...