Institutional Investment Management | Advanced Capital Group

The Top 5 Questions, so far

Slightly more than a week has passed since the passage of the CARES (Coronavirus Aid, Relief, and Economic Security) Act. It was signed on Friday, March 27th. It feels like a month.

As a result of its passage, well-meaning providers, consultants, and advisors (ACG included).

Why Do Plan Sponsors Hire A Retirement Plan Consultant/Advisor to help with their employer 401(k) plans?

After working over 25 years in the retirement plan industry, I still often get asked, “Why would I hire a Retirement Plan Consultant/Advisor to help with our 401(k) plan when that is what our recordkeeper is for or that is my job?”

The role of the.

Corporate Bond Market

I want to share something important that is happening in the investment grade corporate credit market. I track the option adjusted spread (OAS) which is essentially the additional yield the investor receives versus a risk-free Treasury security. Prior to the COVID outbreak, the OAS for the.

Is Value Turning the Corner?

From 1959 to 1978, the S&P 500 index compounded at 4.3% annually. Over the next 20 years, it compounded at 17.7% annually. For bond investors over the same time frames, long-term government bonds compounded at 3.4% annually and 11.1% annually. This has often led investors to.

Feature Articles: Institutional Investment Management

Corporate Bond Market

By Tony Albrecht, CFA®

April 02, 2020Institutional Investment Management

1st Quarter 2020 Strategy

By Tony Albrecht, CFA®

January 16, 2020Institutional Investment Management

Financial Institutions Insights 1st Quarter 2020 Strategy “A Short-Term Rebound Followed by Economic Softening”

Recommendations

Interest rates declined 90 basis points in 2019. While current levels seem low (5-year Treasury note yield at 1.60%), remember in 2012 the same Treasury had a yield 0.50%. Unless the duration of your bond portfolio is...

4th Quarter 2019 Strategy - “PMI Data Stokes Slowdown Concerns”

By Patrick Larson, CFA®

October 08, 2019Institutional Investment Management

Economic Overview

The U.S. economy chugs along at a 2.0% pace (GDP) with a quarterly range between 1% and 3%. Recall GDP advanced 3.1% in the 1st quarter and the 2nd quarter was reported at 2.0%. Expectations for the 3rd quarter are centered around...

3rd Quarter 2019 Strategy - “Inflation is too Low”

By Patrick Larson, CFA®

July 15, 2019Institutional Investment Management

Economic Overview

The expectation of a rebound in Q2 GDP is not likely going to happen. The 3.1% we experienced in Q1 looks like it will fall to the low 1% area for Q2. The lag in GDP reporting explains why we discuss it here...

2nd Quarter 2019 - Global Slowdown Has Begun

By Patrick Larson, CFA®

April 16, 2019Institutional Investment Management

Economic Overview

Our theme for the first quarter was: “Things are Slowing Down” which turned out to be the case. Many economic indicators in Europe have pointed to a slowdown this year. The Purchasing Manager’s Index (PMI) peaked in the Eurozone in December 2017 and had fallen below 50...