Tapping the securitized market can help plan sponsors diversify the corporate credit risk in their LDI portfolios without sacrificing yield and total return potential.
Assessing the risk and rewards in the current market environment.
Not all private credit is the same—in this Market Overview & Analysis we explore the nuances of the investment grade private credit market.
We believe CLOs are a natural fit for investors who are concerned about rising rates in the near term, but believe we are in the late stages of the credit cycle.
What really happens when a Core Bond strategy gets too big? In this analysis, we reveal how “super-sized” fixed income strategies either lose access to certain parts of the market, or worse, lose their ability to be selective in sectors where bottom-up underwriting of credit risk is essential to success.
Whether a plan sponsor favors active or passive management, choosing a target date manager is an active decision that may have much greater fiduciary considerations than the costs of the underlying funds. The very definition of “passive” is unclear, and the glide path and asset allocation will likely have much greater impact than the potential cost savings on passive funds.
Completion managers can potentially help reduce the tracking error of plan assets to liabilities.
Better than measures of the past for gauging future excess return potential.