“The results of our policy implementation work have been impressive - on average, our clients have seen - at the plan level - nearly a quarter percentage point contributed to their return while reducing total fund tracking error.”
“Russell has been an innovator in customized total-fund overlays that combine multiple strategies in one efficient, powerful and highly integrated package. More fund fiduciaries are considering Russell's total overlay solution to enhance performance, reduce risk, ease administration and implement cutting-edge strategies such as portable alpha.”
“At any given time, we have people that are late paying, and that amount can vary significantly. We have delinquent payments coming from all over the borough, but it's not a geographic or social circumstance.”
“Some people wait until the end of the year and accept the $2, $3 finance charge, but we have accounts that are owed in the thousands of dollars, some reaching up to over 20 years. Sometimes, people take the approach that if they don't pay, nothing will happen to them.”
“The Medley report brought down expectations of how far the Fed will go, but we think there's enough strength in the economy for the Fed to raise rates right until May. Yields have to go higher. It's hard to justify buying Treasuries.”
“My gut instinct is that the Australian dollar will wobble a bit lower from here. The interest rate differential is slowly being eroded. The Australian dollar is now less attractive to overseas investors.”
“People spend in their leisure time and in the modern economy people are more mobile. But it goes both ways. We get a substantial amount of our turnover from visitors.”
