Replicating Private Equity

Replicating Private Equity

Download a PDF version of this article here. Borrow and access small cap Private Equity is illiquid and challenging to benchmark. Many investors use “S&P 500 +3%” in order to compare performance in the absence of an observable, investable asset. This paper...
Fiduciary Implications of Pension Plan Annuity Purchases

Fiduciary Implications of Pension Plan Annuity Purchases

  Download a PDF version of this article… With the growing number of annuity purchases taking place in the market today, it is imperative that plan sponsors understand the fiduciary implications for implementing this de-risking strategy. Annuity purchases have become...
Target Date Funds: Three Things to Consider

Target Date Funds: Three Things to Consider

  Download a PDF version of this article… Target Date Funds (TDF) have become increasingly important to the retirement security of 401(k) investors. As with any investment option, plan fiduciaries have a duty to select and monitor their TDF according to a...
2017 Pension Plan Report Card – An Above Average Year

2017 Pension Plan Report Card – An Above Average Year

  Download a PDF version of this article… Strong markets coupled with favorable changes in corporate tax rates made 2017 a very good year for pension plan sponsors. The continuing run up in the equity markets meant that most plan sponsors saw funded status...
A Return to Normal Volatility?

A Return to Normal Volatility?

The equity markets have been extremely volatile over the past two weeks.   The S&P 500 dropped over 200 points (almost 8%) in only a few days before bouncing back; January’s gains evaporated. Other equity indices showed similar results. Are these market movements...