Ryan ALM
Blog
ARPA Update as of January 30, 2026
So much for escaping the bitter cold in New Jersey by flying to Orlando, FL. The reality is that Orlando is sitting at 25 degrees this morning (Sunday 2/1). Someone is playing a nasty trick on all those snowbirds. It...
“Everybody’s looking under every rock.” Jay Kloepfer
Institutional Investor's James Comtois has recently published an article that quoted several industry members on the near-term (10-years) return forecast for both public and private markets, which according to those asked are looking anemic. No one should be surprised by...
What Topics Would You Pick?
I'm hopefully attending the FPPTA conference in Orlando beginning on Sunday, February 1, 2026. My attendance will be very much dependent on the path of the next winter storm takes as it migrates up the East coast. I've been asked...
ARPA Update as of January 23, 2026
I hope that those of you that were in the path of Fern, a storm that impacted 220 million folks in 36 states, have safely dug out at this time. I'm five shoveling expeditions in and I'm still not done!...
Another Cockroach!
As most folks were focused on the massive snowstorm that crippled a large swath of the U.S., BlackRock was disclosing another significant loss in one of their private debt funds. In this case, BlackRock TCP Capital, a publicly traded middle-market...
How Does One Secure A Benefit?
We hope that you'll agree that going to Chicago in January demonstrates the lengths that Ryan ALM personnel will go to help plan sponsors and their advisors protect and preserve DB pension plans. We are just thankful that we left...
ARPA Update as of January 16, 2026
We hope that the continuing success of the ARPA pension legislation warms your heart despite ridiculously cold temperatures in New Jersey and elsewhere. Regarding last week's activity, pleased to report that two plans received approval for their SFA applications. Pension...
Is A "K" Truly Representative?
I recently attended the Opal Public Fund Forum in Arizona. I've always appreciated the opportunity to attend and speak at Opal's pension conferences. This latest version was no exception. However, I found it interesting that there were two thoughts being...
If It's Good Enough for the Swiss
WTW has published the results for their Swiss Pension Index. Swiss funds are performing exceptionally well with the average funded ratio hitting 128.5% at year-end. The improved funding reflects strong asset performance and the impact of rising interest rates which...
ARPA Updated as of January 9, 2026
We hope that 2026 has begun well for you. Last week was very quiet regarding ARPA and the PBGC's implementation of this critical pension legislation. The PBGC has entered an inflection point, in which initial applications are no longer accepted...