4th QUARTER 2011
Quarter Ended 12/31/11
How Much Risk is in Your Bond Portfolio?
A generally accepted method to measure risk is the examination of a manager’s historical returns compared to those of a designated benchmark.

  3rd QUARTER 2011
Quarter Ended 9/30/11
Nowhere to Hide
If at the start of the third quarter, you knew that during the quarter the U.S. Treasury would lose their coveted AAA rating by Standard & Poor’s, you would probably assume that Treasury securities would perform poorly.

2nd QUARTER 2011
Quarter Ended 6/30/11
Are Higher Interest Rates Always Bad for Bonds?
For the long-term investor, worrying about a potential rise in interest rates may be a misplaced worry.

1st QUARTER 2011
Quarter Ended 3/31/11
Liability-Driven Investing
Conceptually, LDI is a pretty simple idea.  Instead of investing in the markets for total return, a portfolio is structured to fund a given plan's liabilities.