Description: Pension Forecasts, Part One: Some Questions by Lawrence N. Bader from Risks and Rewards Newsletter, February 2001, Issue No. 36.

Description: This paper concludes that there are two index rates that could best replace the 30-year Treasury in the calculation of the Current Liability of a pension plan - either the 30 year swap rate or the benchmark 30-year FNMA bond.

Description: This article lists potential problems as a result of the elimination of Thirty-Year Treasury Auction Issue. Some problems mentioned are 1 discounting pension liabilities, 2 bond market 3 swap curve and 4 liquidity.

Description: If has been noted that the turnover of many investment funds has been quite high in recent years relative to history and very high in absolute terms. There have been fundamental changes in the marketplace that have caused the high turnover. Investment horizons have been shortened. This article discusses the changes.

Description: The author describes two papers that find that stock returns in the 15 days around the new moon are double the stock returns in the 15 days around the full moon. Is this true, even though psychological studies have established no causal link?

Description: A review of changes in the last two years with respect to investing, geopolitical risks and the markets.

Description: A Balanced Outlook: The Latest Views of Jack Bogle

Description: This article presents recent developments and trends with respect to Economic Capital based on the work of the EC subgroup of the SOA's Risk Management Task Force.

Description: This article discusses a run on the bank that occurred in the Korean securities market.

Description: In it’s insurance capital model, Standard & Poor’s Ratings Services has established criteria to adopt the NAIC’s stochastic approach to variable annuity risk. This approach, which replaces existing static charges, better reflects the products’ risk.