Interest Rates – Where to From Here? 2019 Update

Interest Rates – Where to From Here? 2019 Update

Phil Gorgone In May of this year, we released our view on the current state of interest rates including the specific drivers that could affect rates through the end of 2019. Over the past seven months, a lot has happened with the various forces that have influenced...
Interest Rates – Where to From Here?

Interest Rates – Where to From Here?

Phil Gorgone Understanding the dynamics that drive interest rates is critical to understanding the level of current rates, why they have changed in the past, and how they might change in the future. This understanding allows investors and pension sponsors to make...
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...
Pension Investing – Next Generation of Glide Paths

Pension Investing – Next Generation of Glide Paths

Download a PDF version of this article here.Pension plan sponsors, especially those with frozen pension plans, have spent significant time deciding on the most appropriate balance between growth (return seeking/equities) and hedging (liability matching/long-term...