Market participants remain focused on downside risks, leading pessimism, rather than optimism, to permeate the investment landscape
Pension funds can build better portfolios by adopting strategies used by insurers
Transient market volatility has the potential to be thrilling
WHILE MOST CORPORATIONS’ 10-K FILINGS WILL NOT BE AVAILABLE UNTIL LATE FEBRUARY, WE ANALYZED PRELIMINARY DATA ON PENSION PLANS THAT HAVE FISCAL YEAR ENDS BETWEEN JUNE 30, 2018 AND OCTOBER 31, 2018.
Since the financial crisis, for a relatively liquid investment CLOs consistently have had the highest spreads net of capital costs for US life insurers.