From a business standpoint, 2018 was a good year for our team, with solid investment performance and flows which surpassed our expectations.
One session exploring healthcare investment was a CIO panel featuring Jacque Millard, Leslie Lenzo and John Barker.
This paper addresses the market’s concerns due to latest market volatility and its investment implications.
Since the financial crisis, for a relatively liquid investment CLOs consistently have had the highest spreads net of capital costs for US life insurers.
Investors were disappointedInvestors were disappointed that trade tensions re-escalated and the Fed viewed their actions as a “mid-cycle adjustment".
Trade barriers, once constructed, are not easy to remove and their implementation is likely provide a slower backdrop for financial market performance.
A slowdown is coming sooner rather than later. Investor should remain cautiously optimistic to environment growth, with a bias on quality and eye on duration.
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.