Description: The author provides insights into the reasons for the decline of Japanese government bond yields to record lows as of October 1997. This article originally appeared in the November 1997 issue of International Economic Trends, and is reprinted courtesy of the Federal Reserve Bank of St. Louis.

Description: This article discusses the demographic trends as the “baby boomer” generation begins to retire, including implications for retirement plans, Social Security, and other considerations. Reprinted from the Federal Reserve Bank of San Francisco Economic Letter, Number 98–20, June 26, 1998.

Description: The investment risk taken by a pension fund comprises strategic risk and active risk. This paper discusses the relative merits of these two types of risk to the pension fund, possible rationales for the levels of strategic and active risk typically adopted mechanisms for capturing manager skill without taking on equity risk, and issues in setting liability-based benchmarks for investment managers

Description: This article aimed to make Liability Driven Investing LDI more accessible by providing a simple definition and by showing how plans of different sizes and circumstances may adopt an appropriate LDI approach.

Description: Feature article discussing the newly developed Build America Bonds BABs.

Description: Feature article discussing the 2009 price action - periods of extreme distress and incredible euphoria across the global financial markets. The reversals experienced from asset class lows to their highs have not been seen in decades.

Description: 1999 Market Triathlon Results by Frank M. Grossman from Risks and Rewards Newsletter, September 2000, Issue No. 35.

Description: What The Markets Should Reflect From The Victory In Iraq - A Candian’s Perspective

Description: This article provides an update on the development of model regulations for synthetic GICs and guaranteed separate account products.

Description: Feature article provides a glimpse into recent changes to various standards of care owed to customers that will undoubtedly have a significant impact on the products and services offered by many financial institutions.