Institutional Investment Management | Advanced Capital Group

Department of Labor – Electronic Disclosure Rules

Department of Labor – Electronic Disclosure Rules

The final rule establishes a new, voluntary safe harbor for retirement plan administrators who want to use electronic media, as a default, to furnish covered documents to covered individuals, rather than sending potentially large volumes of.

Asset Liability Immunization Strategy Insights 4th Quarter 2020 Market Update

The Rebound Continues

State of the Markets

A recap of the changes that occurred over the 3rd quarter in the bond market and the equity market seems to be appropriate given this year’s unusual pandemic situation. Treasury interest rates barely changed during the 3rd quarter. The yield on.

Third Quarter 2020 Municipal Insights

Third Quarter 2020 – Fed Policy, Politics, and a Pandemic

The Federal Reserve has responded to this crisis with exceptional speed and effectiveness. Although the lines of separation between the “independent” Fed and the U.S. Treasury Department have been blurred, the various sources of support have resulted in elevated.

Feature Articles: Institutional Investment Management

Asset Liability Immunization Strategy Insights 4th Quarter 2020 Market Update

By Chad Rice, CFA®

November 03, 2020Institutional Investment Management

The Rebound Continues

State of the Markets

Financial Institutions Insights “COVID Recession”

By Tony Albrecht, CFA®

April 17, 2020Institutional Investment Management

Recommendations

It seems a bit trivial to discuss economics and investment strategy in the middle of a pandemic. What’s really important anyway? Where interest rates are headed or how to remain healthy while this invisible killer terrorizes the globe? One thing we can do is explain what we...

Credit Spreads Narrow but Remain Elevated

By Tony Albrecht, CFA®

April 09, 2020Institutional Investment Management

As we monitor economic activity and the impact on credit spreads, we have seen and will continue to see data that is much worse than any of us have seen before. Equity markets expect this which is why they are rallying today despite a jobless claims report that...

Corporate Bond Market

By Tony Albrecht, CFA®

April 02, 2020Institutional Investment Management

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...

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...