Expectations and Diversification
The Capital Markets Research Group conducts strategic planning projects, education sessions and general research for our clients. The Group’s discussions are often very big picture–in what should we invest, and why? These discussions are on the front end of potential changes to strategy, to plan design, to portfolio implementation, and to plan sponsors’ expectations for […]
Are We Ready to Fund Retirement from DC Plans?
DC plans have been focused on the accumulation of assets for retirement, and the DC industry has spent considerable effort to improve investment offerings, control costs, encourage participation, and streamline the technology of the participant’s interaction with the plan. But what about the distribution of accumulated savings to retirees? Over the last decade, defined contribution […]
Conference Highlights: National Association of Securities Professionals (NASP)
Callan recently presented at the 28th Annual Pension and Financial Services Conference hosted by the National Association of Securities Professionals (NASP) in Los Angeles. In attendance were about 560 people, of which approximately 160 were plan sponsors. On day one of the conference, three programs ran concurrently: NASP Institute: plan sponsor and plan sponsor staff […]
What We Are Seeing: Insights From Capital Markets Research
The Capital Markets Research Group conducts strategic planning projects, education sessions, and general research for our clients. Recent discussions have been prompted by the low interest rate environment, low return expectations, and investor frustration with the seemingly high cost of diversification. Other themes we see include: Incremental risking-up of portfolios to reach for return Concerns […]
(No) News at 11:00 – Fed Raises Interest Rates
Yesterday, the Federal Reserve raised short-term interest rates in the U.S. by 25 basis points, or one-quarter of a percent. Fed Chair Janet Yellen said, “the simple message is that the economy is doing well.” The Fed’s announcement was likely the most widely telegraphed and fully expected policy move in its history. The stock market […]