Ryan ALM
Blog
Must We Continue to Just Shift Deck Chairs on the Titanic?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. You may not have been following Ryan ALM’s blog through the many years that I have been producing posts in which I’ve touched on this subject. We at Ryan ALM continue to...
Liquidity Management Needs to be a Focus!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I've produced several posts addressing the important issue of liquidity for pension plans. You may recall my 8/14/24 post titled "A Liquidity Crunch?" that referenced issues within private equity as a result...
ARPA Update as of September 20, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Welcome to Autumn! It has always been my favorite season since I was a young boy. I would often listen to NY Giants football on the radio as I spent Sunday afternoons...
Hall of Famer? She Absolutely is!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Markets Group has published an interview that Christine Giordano conducted with Robin Diamonte, CIO, RTX. In addition, Markets Group will hold a ceremony inducting Robin into the Chief Investment Officer Hall of...
POB Discussions Back on the Table?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Cash Flow Matching (CFM) has enjoyed a renaissance within the pension community since US interest rates began rising in March 2022. The expanded use has not been limited to the beneficiaries of...
ARPA Update as of September 13, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Will it be 25 or 50? That is the big question on nearly every investor's mind this week. Will the Federal Open Market Committee cut rates by 0.25% or 0.5% on Wednesday....
Cash Flow Matching Done Right!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Most of us seek to climb the "ladder to success" . We also use ladders for important everyday activities. I'll soon be back on a ladder myself, as year-end approaches and the...
Falling Rates - Not A Panacea For Pensions
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Milliman has reported that pension funding for Corporate plans declined in August. The Milliman 100 Pension Funding Index (PFI) recorded its most significant decline of 2024, as the funded ratio fell from...
ARPA Update as of September 6, 2024
By: Russ Kamp, Managing Director, Ryan ALM, Inc. Football season has kicked off in earnest. If you are a NY Giants fan, as I've been for nearly 60-years, you are already looking forward to hockey! It wasn't any better for...
Overbought?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. One of the greatest attributes of managing a cash flow matching (CFM) portfolio is the fact that we don't have to predict the direction of US interest rates. Most of us don't...