Investment Allocation Strategies in a Hard Market
Tuesday, Sept. 12 at 2 p.m. ET
Public entity pools are facing a hard reinsurance market, escalating claims costs and inflation-driven expense increases. On top of that, increasing interest rates since 2021 have stressed the net position of many pools through unrealized losses in bond portfolios, and unrealized losses may limit flexibility to trade.
Attend this session to learn about questions and considerations for your pool's portfolio, including:
- What is the one question pools should be asking about their portfolio right now?
- What options do pools have to meet their cash flow needs?
- After cash flow needs are addressed, what sector of the market is attractive?
- Are significant changes in portfolio strategy warranted?
Dan Byrnes, CFA, is a Principal, Vice President, and Senior Portfolio Manager at AAM with over 20 years of investment experience. Dan’s primary focus is working with risk pools around the country to design appropriate portfolio strategies and manage investments. Dan has worked with risk pools for sixteen years and he speaks at various industry events. Prior to joining AAM, Dan worked as an accountant at CNA Insurance. Dan is CFA Charterholder and a member of the CFA Society of Chicago. Dan earned a BS in Finance from the University of Illinois at Urbana-Champaign and an MBA from the Booth School of Business at the University of Chicago.
View the presentations slides.