STATISTICS AS OF 9/30/13
- Assets under
Over $85.5 billion
- 234 institutional clients nationwide
- The Fed's decision not to "taper" U.S. security purchases in September surprised markets somewhat and interest rates pulled back from two-year highs, ending the quarter almost unchanged
- Taper Delay Sparks Rate Rally, Supports Bond Prices...For Now
- Economic Outlook: Positive Economic Fundamentals, Looming Political Challenges
Three videos of the latest Investment Perspectives publication are now available on our Resources page. We encourage you listen to our investment professionals speak on the topics below. Stay tuned for more information videos from Galliard in the future.
Japan's "Shock and Awe" campaign to stimulate its economy is massive...but will it work? Erol Sonderegger, Principal, discusses Abenomics, the bold plan of action to address Japan's weak growth.
Caveat Emptor: A Bond Investor's Perspective on Rating Agency Reform
Matt Robertson, Director, provides a history of credit ratings, an anecdotal look at the ratings process for new securitized bonds, and a summary of regulatory changes affecting the ratings process.
Broken Links? Assessing the Efficiency of TIPS Markets
Marco Perzichilli, Director, examines some of the dynamics that have affected the efficiency of TIPS markets in the past, as well as those that may be doing so presently.
Galliard Partner, Mike Norman, recently participated in a webcast hosted by PLANSPONSOR, PLAN ADVISER and aiCIO titled "Stable Value in a Rising Interest Rate Environment." If you would like to view the webcast, replay information is at this link. You will need to follow the instructions to register.
About the Webcast:Stable value products provide plan participants with principal protection and liquidity as well as stable, competitive returns. Participant interest in stable value products has remained high since the financial crisis, and the asset class has provided attractive returns (as compared to other investment options) through the current low-rate environment. Stable value products have performed well through various interest rate cycles and have consistently produced long-term returns that have outperformed money market funds and other conservative investment options. Increasingly, however, plan sponsors and their advisers have been asking what eventual higher yields may mean for the asset class.
In this webcast, market experts will discuss how stable value products are positioned for a rising-rate environment, how they are expected to perform and how fund features and plan design can help reduce the ultimate impact to participants.