Research

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Securitized Assets: An Untapped Market for Diversifying Credit Risk in LDI Portfolios

Tapping the securitized market can help plan sponsors diversify the corporate credit risk in their LDI portfolios without sacrificing yield and total return potential.

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Private Equity Leverage

Assessing the risk and rewards in the current market environment.

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Introduction to Investment Grade Private Credit

Not all private credit is the same—in this Market Overview & Analysis we explore the nuances of the investment grade private credit market.

Expanding Fixed Income Menus in DC Plans

July 1, 2017

While defined contribution plans typically offer participants an array of equity investment options across styles, capitalizations and geographies, they seldom offer similar diversity within their fixed income lineups.

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Sidestepping the Relative Value Trap in Credit

March 22, 2016

The general rule of thumb when considering the relative value of a bond is that “wide” equals “cheap”. While this approach is relatively useful in a static mid-cycle environment, it breaks down in a changing world — such as when cyclical or secular forces are reshaping an industry or when a credit cycle is turning.

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