Interest rates

Pension funds should derisk now

Pension funds should derisk now

The improvement of the funded status of corporate defined benefit plans offers plan sponsors and plan advisers a real opportunity to quantify and downsize risk.

March 11, 2014 | 11:14 am

NISA: Funded status volatility falls in February after January spike

After rising to its highest level in four months in January, NISA Investment Advisors' Pension Surplus Risk index fell 50 basis points in February to 9.8%.

March 07, 2014 | 05:56 pm
Alternative strategies for investors to position their portfolios in a rising rates environment

Alternative strategies for investors to position their portfolios in a rising rates environment

Fixed-income markets might be experiencing the calm before the storm. Rather than allowing complacency to creep in, following the normalization of markets after the significant sell-off in the second ...

March 04, 2014 | 12:29 pm
Upping the ante on implementation of derisking process

Upping the ante on implementation of derisking process

Many ERISA pension plans are now implementing specific formulas called “glidepaths” to automatically shift funds to fixed income from growth assets as the plan's funded status increases....

March 03, 2014
A case for high yield in a rising rate environment

A case for high yield in a rising rate environment

Last year, the fixed-income markets saw considerable volatility as participants debated whether quantitative easing was about to end — this was answered in December as the Fed began its...

February 25, 2014 | 02:13 pm
Fed minutes signal possible changes

Fed minutes signal possible changes

Members of the Federal Open Market Committee in January discussed further tapering of their bond-buying program and possible changes in monetary policy, according to minutes of the January meeting...

February 19, 2014 | 03:54 pm
Ultrashort claims top 2 spots, but high yield maintains domination

Ultrashort claims top 2 spots, but high yield maintains domination

High-yield strategies, along with ultrashort-duration strategies, dominated the list of top-performing fixed-income managers for the year ended Dec. 31, according to Morningstar Inc.'s separate...

February 17, 2014

Institutional investors worldwide to rework bond portfolios in 2014 — Casey Quirk, eVestment

Institutional investors globally will look to restructure their fixed-income portfolios this year in response to rising interest rates, according to an annual forecast survey from Casey, Quirk &...

February 06, 2014 | 04:12 pm
Fed picks up the pace of tapering

Fed picks up the pace of tapering

Members of the Federal Open Market Committee meeting Wednesday decided unanimously to continue slowing the Fed's bond-buying program known as quantitative easing in February, dropping monthly...

January 29, 2014 | 03:19 pm
White House names Federal Reserve candidates

White House names Federal Reserve candidates

President Barack Obama picked Stanley Fischer and Lael Brainard as his nominees to serve on the Federal Reserve board of governors, the White House announced Friday. ...

January 10, 2014 | 03:49 pm
Senate confirms Yellen as Fed chairwoman

Senate confirms Yellen as Fed chairwoman

Janet Yellen was confirmed by the U.S. Senate as chairwoman of the Federal Reserve.

January 06, 2014 | 06:13 pm

Looking back on how capital markets performed

Equities busted out, while rising rates helped pension funds, but hurt fixed-income investors.

January 06, 2014 | 12:01 am

Bond funds post record $80 billion in redemptions in 2013

Bond mutual funds in the U.S. posted record investor withdrawals of $80 billion in 2013 as investors fled fixed income in anticipation that interest rates will rise further.

January 02, 2014 | 11:26 am
Taper decision may boost interest in fixed income

Taper decision may boost interest in fixed income

Money managers' response to the Federal Reserve's decision to cut its monthly bond purchases to $75 billion in January from $85 billion is much more optimistic than it was when the topic first was...

December 23, 2013
Fed to start tapering monthly bond buying in January

Fed to start tapering monthly bond buying in January

Members of the Federal Open Market Committee meeting Wednesday decided to start ramping down their bond-buying program known as quantitative easing in January, dropping monthly purchases to $75...

December 18, 2013 | 03:11 pm