Ryan ALM
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Pension Liabilities Are A Term Structure
By: Russ Kamp, Managing Director, Ryan ALM, Inc. and Ron Ryan, CEO, Ryan ALM , Inc. Plan Sponsors and their advisors need to focus on the economic value of the pension plan's liabilities, which are a yield curve or term...
ARPA update as of May 12, 2023
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I hope that everyone had a wonderful Mother's Day Weekend. We are pleased to provide you with the weekly ARPA legislative update. This past week's activity included one new application submitted, one...
The Fed - Data Dependent?
By: Russ Kamp, Managing Director, Ryan ALM, Inc. If there's one thing that I think of when I reflect on our industry, it is the plethora of data/information that is available to those of us in the investment community. As...
"Expect Uncertainty"? We Don't Have to Accept it!
By: Russ Kamp, Managing Director, Ryan ALM, Inc. I have been thinking about producing a post on uncertainty for a while. An email that just came across my desk pushed me to finally write something on the subject. You would...
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...