Thought leadership
Like a GPS for defined benefit plans, an effective glide path strategy (GPS) offers plan sponsors a valuable, multi-period guide to reaching funding goals while gradually de-risking the pension portfolio. The end result is a balanced solution, incorporating often-competing return, risk, contribution and time frame objectives.
In the news
FundFire quotes Maddi Dessner, Portfolio Manager for GMAG, in this Q&A about inflation protection.
GMAG Portfolio Manager, Anne Lester, appeared on CNBC’s Closing Bell to discuss portfolio positioning for retirement investors.
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.
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Featured: Smart Retirement
Bringing DB quality investing to your DC participant
DC plan investing should adhere to the same high quality standards as DB investing and provide similar diversification benefits. However, many age-based providers claim to offer truly diversified portfolios yet provide only a handful of investment options, many of which are highly correlated.
Our SmartRetirement age-based strategies provide DC plan sponsors with a holistic solution by bringing together the skills and asset classes that our most sophisticated DB plans have access to and distilling these down into solutions accessible to DC participants.