Markets & Economy » Where are Interest Rates Headed?

July 29, 2015 | Fixed Income

Today, most market watchers agree that rates are poised to move higher. That being said, the interest rate conversation is also quickly shifting toward what happens after the first policy rate hike. Will the Federal Reserve continue on a path of predictable hikes, or will policy adjustments be sporadic and small?

July 2015 Interest Rate Outlook

July 29, 2015 | Fixed Income

Where are interest rates headed? Anyone following financial markets over the past few years undoubtedly has this question burning in their mind. At this juncture, while debate continues to surround the timing, most market watchers seem to agree that rates are poised to go up.

Vantage » Accounting for the U.S. Consumer’s Gas Savings Windfall

July 23, 2015 | Market Commentary

Personal Consumption Expenditures (PCE) have increased throughout the recovery as incomes have grown and confidence has improved. This needs to be taken into account when analyzing growth in PCE linked to the fall in energy prices in order to avoid confusing growth that would have occurred regardless of the change in energy prices. This way we can isolate the change in consumption trends which were spurred by changes in energy prices.

Managing Spending Needs in Today’s Low Interest Rate Environment

July 20, 2015 | Wealth Management

For many investors, the need for current income to support spending needs is a primary investment objective. For example, investors that may place a priority on maintaining stability of current income needs include...

Markets & Economy » Share Buybacks in Today’s U.S. Equities Environment

July 13, 2015 | Investment Themes

S&P 500 companies announced a record $133 billion in share buybacks in April, furthering a trend that has provided support to U.S. equity markets in recent years. The surge in companies buying back their own stock is getting a lot of attention these days.

Vantage » Country in Focus: Germany

July 13, 2015 | International Markets

Germany is a large, economically diverse, and technologically advanced export powerhouse. Its hypercompetitive economy has benefited immensely in recent years from past reforms to its labor market regulation and welfare system. The country has developed a well-educated and skilled labor force, solid infrastructure, and a strong legal framework characterized by robust institutions and relatively low levels of corruption.

Second Quarter 2015 International Perspective

July 09, 2015 | International Markets

Global investors continued to focus on the usual suspects during the second quarter of 2015: central bank activity, major foreign exchange rates, oil prices, and ongoing brinkmanship between Greece and its international creditors. The trend seen in recent periods regarding Greek negotiations largely remained in place, as ongoing discussions...

July 2015 Perspective

July 07, 2015 | Market Commentary

Monitoring the state of the labor market is especially critical at this stage in the economic cycle, as its equilibrium (or lack thereof) will have implications for wage growth, consumer price inflation, monetary policy, corporate profits, and risk in financial markets.

Webinar: Searching for Income in a Low-Yield World

July 07, 2015 | Fixed Income

With yields below average, searching for income to meet your investors' goals can be challenging. In order to find value, you must understand the risks that are involved with fixed income portfolio decisions. Managing Director, Christopher Petrosino, and Darin Leone, Portfolio Strategist, discuss the market outlook moving forward.

July 2015 YourShare

July 06, 2015 | Market Commentary

The U.S. housing market appears to have regained its stride after the cold winter according to recent data on new and existing homes sales. Existing home sales accelerated back above a 5 million unit seasonally adjusted annual sales pace in March and clocked-in at 5.04 million units during April. In January, existing homes were changing hands at a 4.82 million yearly rate.

Markets & Economy » The Pharma Pipeline: Exploring an Underestimated Investment Theme

June 29, 2015 | Investment Themes

Worldwide equity markets have had an impressive showing since emerging from the Great Recession. The run-up in prices has coincided with equities becoming broadly more expensive. Some regions offer more attractive opportunities than others from a valuation standpoint, but the overall environment has become generally more challenging.

Our View » Demographics: An Essential Element in QDIA Due Diligence

June 22, 2015 | Retirement Plans

Given the tremendous increase in the number of defaulted participants and resulting asset growth in default investment options, it’s imperative that fiduciaries choose a QDIA solution that is appropriately aligned with the needs of their participant base.

Jeff Coons

Jeff Coons


Raising the Bar on Target Date Due Diligence: Demographics Matter

June 22, 2015 | Retirement Plans

Manning & Napier and Strategic Insight are pleased to provide this whitepaper highlighting emerging trends and fiduciary considerations regarding certain popular industry target date due diligence tools.

The Hidden Risk of Fixed Income Indexing

June 18, 2015 | Fixed Income

Conventional wisdom is to check the oil in your car at regular intervals. While there has been some debate as to how often to change it, there is no arguing that your car’s engine couldn’t run for very long without oil.

Markets & Economy » Is Japan’s Economic Recovery Real or Imagined?

June 15, 2015 | International Markets

A quick glance across global equity markets reveals that Japan has been among the strongest performing countries recently. The Nikkei 225 advanced roughly 40% in the 12 months through May, beating returns of U.S. and global indices such as the S&P 500 Total Return Index and MSCI All Country World by sizeable margins.

Cindy Lapoff

Cindy Lapoff

Legal and Regulatory Consultant

Tibble v. Edison: A Reminder for Fiduciaries

June 11, 2015 | Retirement Plans

The recent 9-0 Supreme Court decision in Tibble v. Edison should remind plan sponsors and their advisors to review investment options regularly and to keep careful records documenting the review and the reasons for any decisions made.

Managing Credit and Interest Rate Risk in the Current Market Environment

June 08, 2015 | Active Management

Credit risk can be broadly defined as the risk of default and/or widening of credit spreads. In general, investors expect to be compensated with higher yields when purchasing bonds with a higher degree of credit risk.

Our View » Redefining Participant Education

June 05, 2015 | Retirement Plans

Clients are looking for financial planners who can help manage current savings and plan for the future. As health care costs consume a larger portion of participants’ retirement savings, a need for a better understanding of the available options has emerged. Our curriculum provides a turn-key solution that can be incorporated with other retirement savings education.

Markets & Economy » Oil Companies Make Deep Spending Cuts

June 04, 2015 | Market Commentary

The nose dive in crude oil prices has been a major story across global economies and financial markets during recent quarters. Signs of weaker economic growth, coupled with unexpected incremental supply increases from countries such as Iran and Libya, dealt a crushing blow to the commodity last summer. Very quickly, the profitability dynamics of operating within the oil industry value chain changed dramatically.

Does Indexing Meet Investor Objectives?

June 04, 2015 | Active Management

As investment performance data gets released at the end of each calendar quarter, the financial press is inevitably filled with stories comparing the performance of active managers versus market indices.