The Ghosts of Pension Past
August 22, 2022 — Numerous factors have contributed to the current state of underfunding in public pension plans, which has sparked political finger-pointing, credit rating downgrades, and even municipal bankruptcies in the most extreme cases. Although a handful of pension systems are near the point of total depletion, most funds still have the opportunity to correct course and establish fund solvency.
Featured Insights
Fixed Income
The Fed’s Not Done, But Close — Fixed Income Outlook in 5 Charts
August 21, 2022 -- The Fed is likely to wrap up hiking rates by year-end, which is good news for fixed income investors. What the Fed has articulated and . . .
ESG Solutions
Impact Bonds Make a Comeback
August 16, 2022 -- New issuance of green, social, and sustainability bonds markedly declined in the first half of 2022 due to . . .
Municipal Fixed Income
Recessions Can Sting, But Munis Are Generally Slow To Feel Pain
July 8, 2022 -- As the Federal Reserve continues to combat runaway inflation with interest rate hikes, many economic indicators are flashing red, suggesting . . .