Description: The article compares the return characteristics, return, volatility, and correlation, to that of other possible selections as a DC safe option. It concludes that stable value is pareto superior to all other safe option candidates, and is therefore the optimal safe option.

Description: Recaps the content of leading presentations at 2016 Inv Symposium. Topics include bond liquidity, investment outlook, low rate portfolio strategies

Description: In a stochastic world consideration of only a few deterministic scenarios can potentially be dangerous. The aim of the present research is to study the computation of the cost of mismatch using stochastic interest rate models instead of scenario testing. In this paper, two commonly used Stochastic interest rate models are considered: the one introduced by Vasicek 1977 and the one proposed by Cox, Ingersoll and Ross 1985.

Description: Many experts tout the benefits of index investing, but history tells us that when enough investors do the same thing it tends to end badly. Stay tuned!

Description: Diverse Risks 2016 Call for Essays

Description: Investment Fallacies: The Best Model Doesn't Win

Description: Investment Fallacies: The "Dollar Bill" Fallacy

Description: This session will demonstrate the advantages of approaches to duration matching and cash flow matching. Plan examples and sponsor’s objectives will be presented. An overview of when to choose one approach versus a blend of the two approaches will also be covered.

Description: This paper provides a summary of the report, Back Testing of Investment Performance by Asset Class.

Description: This research report explores investment year methodology to set renewal credited rates. There is an accompanying Excel workbook created as a teaching aide.