We define risk transfer as the percent change in the market risk exposure for a group of investors over a given period. We estimate risk transfer using novel data on U.S. investors' portfolio holdings ...

U.S. corporate pension plans are estimated to be 100% funded for the first time since the Great Financial Crisis. In 2024, ...

Quietly, with little fanfare, a niche market for credit risk transfer is emerging. Banks and lawyers report growing interest in structures that enable derivatives dealers to offload unwanted ...

Irish banks are increasingly turning to significant risk transfer (SRT) transactions to manage their capital more efficiently, align with regulatory requirements and maintain their capacity to lend.