Ryan Labs, announcing five-year results, beats bond market with low risk strategy.NEW YORK--(BUSINESS WIRE)--Nov. 15, 1995--Ryan Labs announced today its five-year investment results. Using government bonds only, without interest rate bets, Ryan Labs returned 9.86 percent while the Lehman Aggregate index returned 9.65 percent annually over the same time period. Douglas Love, managing director, says, "Our index analytics indicate that all but 94 basis points of the Lehman Aggregate returns for the period were U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. term structure driven, and 45 basis points of that amount could not be recaptured using government agencies. This left us with about a 50 basis point handicap handicap In sports and games, a method of offsetting the varying abilities or characteristics of competitors in order to equalize their chances of winning. Handicapping takes many, often complicated, forms. to overcome by not using any corporate bonds or mortgage securities -- and we still outperformed by 21 basis points per year." Ron Ryan, president of the New York-based Ryan Labs, says, "Contrary to the beliefs of many practitioners, government bonds can compete against corporate and mortgage-backed bonds in total returns. Indeed, most aggregate bond market indices Commonly used bond indices include: Global
Ryan Labs uses proprietary systems that neutralize neutralize to render neutral. interest rate risks and create optimal portfolios versus any investment grade bond index. All systems operate daily and clients receive daily performance reports on their portfolios and benchmarks. Ryan Labs believes its daily performance measurement and rapid-fire delivery is the only one of its kind in the industry. "We think the Ryan Labs performance attribution at·tri·bu·tion n. 1. The act of attributing, especially the act of establishing a particular person as the creator of a work of art. 2. , or style analysis, are unique as well," says Ryan. "Reports similar to ours are seen only for equity portfolios, while ours cover both equities and fixed income. Clients not only get money management services at Ryan Labs, they get a financial lab and tools, such as custom liability indices, that can help solve financial problems." Dr. Douglas Love, a well-known author and money manager who recently joined the firm, "expands our capabilities in asset management and in helping our clients solve problems," Ryan notes. -0- Ryan Labs was founded in March, 1988, as an independent investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and with independent research and bond index expertise. The firm now advises over $7 billion with an additional $100 billion in custom liability index systems. Ryan Labs has designed over 900 indices including the first liability index and GIC GIC See: Guaranteed Investment Contract GIC See guaranteed investment contract (GIC). index. The Ryan Labs indices are syndicated throughout the world via periodicals and on-line services, including Barron's, Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. , Reuters and Telerate. CONTACT: Hansen & Young Donel Young, 908/295-2406 |
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