Ryan ALM
White Papers
Problem/Solution: Asset-only Focus
Most, if not all asset allocation models are focused on achieving a total return target or hurdle rate… commonly called the ROA (return on assets). This ROA target return is derived from a weighting of…
Things To Ask Your LDI Manager
LDI is the acronym for Liability Driven Investment. It is better explained as Asset Liability Management which we promote at Ryan ALM. It has developed into two main strategies either...
How To Hedge Interest Rate Risk
Pension funds are faced with numerous risk factors. Perhaps, the greatest risk factor is Interest rate risk. If affects assets but especially liabilities. How pensions cope with Interest rate risk...
The Role of Bonds in Pension Asset Allocation
Custom Liability Index (CLI) The first step in prudent pension management is to install a Custom Liability Index (CLI) to calculate and monitor the present and future value term structure,...