Whitepaper: The impact of credit risk on CDI
Over the past decade, cashflow-driven investing (CDI) has gained traction as pension plans have successfully de-risked and strengthened their balance sheets. Plans are now able to strategically design allocations to fixed income debt so that income matches liabilities at high levels of precision, thus providing a more natural hedge and reducing the need for complex […]
PMAR: Trying to uncover the value of Rules-Based Attribution
Industry experts discuss the need to focus on micro-level decisions in performance attribution at the PMAR summit with PFaroe in Philadelphia last week PFaroe, PMAR summit in Philadelphia last week, explained what the returns from the micro-level rules offsetting each other and clouding. The results at the macro level, micro-level attribution is emerging in the […]