Ryan ALM
Blog
ARPA UPdate as of August 4, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc . No Summer doldrums for the PBGC, as last week witnessed considerable activity for the ARPA program. There were three pension plans that received approval for the SFA. In addition, there were...
Do You Ever Wonder...?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I recently published some info from a Vanguard 401(k) survey that indicated that the "average" account balance for a near-retirement participant (decade or less) was an anemic $71,000. Yesterday, there was an...
Great to See the Endorsement, but...
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We at Ryan ALM, Inc. have been preaching the benefits of Cash Flow Matching (CFM) for nearly two decades. So, when we see one of the big boys (large fixed income shop)...
ARPA Update as of July 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 implementing the ARPA legislation passed in March 2021. The program to distribute the Special Financial Assistance (SFA) has...
Don't Delay! Spread Between Bond Yields and the ROA is the Narrowest in 20+ Years
By: Russ Kamp, Managing Director, Ryan ALM, Inc. US interest Rate moves have certainly impacted the capital markets in the last 15 months. The impact during 2022 was mostly negative as both bonds and stocks saw major declines in valuations....
ARPA Update as of July 21, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you an update on the PBGC's implementation of the ARPA legislation. During the prior week, two more pension plans were permitted to submit applications from the...
More on the Subject of DC Outcomes
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I've published a couple of posts recently on the subject of DC outcomes and retirement readiness, including How's This Social Experiment Working? I saw more info on the subject today, as the...
What's it All About...Alpha
By: Ron Ryan, CFA, CEO, Ryan ALM, Inc. Most pension investments are focused on earning Alpha… defined as a positive return difference between the investment and its objective (usually an index benchmark). Each asset class and its subsets seem to...
"We Hold These Truths to be Self-Evident"
By: Russ Kamp, Managing Director, Ryan ALM, Inc. The four senior team members at Ryan ALM, Inc. have collectively more than 160 years of pension/investment experience. We've lived through an incredible array of markets during our tenures. We have also...
ARPA Update as of July 14, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to once again provide you with an update on the PBGC's activity related to the ARPA legislation. During the previous week there were four plans that submitted applications. Each...