Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
January 13th, 2015
Benefits & Administration
Phased Retirement Can Benefit Workers and Employers
Cyndi Hutchins, director of financial gerontology, Bank of America Merrill Lynch, says the value of human capital is a contributing factor to the growing attention being given to phased retirement. “Employers are starting to look at the value that an older worker can bring to the younger members of the workforce,” she tells PLANSPONSOR.Read more >
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Products, Deals & People
Standish Enhances LDI Solutions Team
Standish Mellon Asset Management Company, a BNY Mellon investment boutique offering investment management services across fixed-income asset classes, named Max Guimond to the newly created position of liability-driven investing (LDI) solutions strategist. Guimond is tasked with managing overlays, augmenting Standish’s cash bond capabilities. He will oversee the implementation of completion strategies that utilize cash and derivatives to hedge the inherent risks in defined benefit pension plans.Read more >
Commonfund, an investment manager for institutional investors, hired Brian Rondeau, CFA, as director of Risk Management and Alex Gurvich as director of Commonfund Asset Management Group. Rondeau is responsible for the due diligence of external managers and counterparty credit risk. Gurvich is focused on equities and is responsible for performing quantitative research on asset allocation, risk management and portfolio construction. He will also support Commonfund’s outsourced solutions.Read more >