In the news
In the article, Defending the “Endowment Model”: Quantifying Liquidity Risk in a Post–Credit Crisis World, Abdullah Z. Sheikh and Jianxiong Sun of the Global Multi-Asset Group set forth the proposition that liquidity risk may be optimized in an attempt to forestall or minimize the impact of a liquidity crisis. Their framework also provides insights for tail-risk events involving a particularly severe liquidity crisis.
Michael Feser, head of quantitative research and portfolio management discusses GMAG’s focus on achieving a more robust and stable volatility profile, as opposed to a fixed asset allocation mix in this Pensions & Investments article.
This PLANSPONSOR article features GMAG’s research, Keepin’ it Real: Inflation Risk as an Asset Allocation Problem, and quotes Maddi Dessner, who explains the five key findings of the publication.
In a recent issue of aiCIO, Sun Chemical's Treasurer and VP of Finance discussed his company’s investment outsourcing partnership with GMAG and explained how GMAG acts as a "quarterback" for the entire investment strategy of its pension plan.