Delta Air Lines pension fund

part of Delta Air Lines

2 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Nov 18, 2024 by Jon Glidden · across every show →

Everything said about Delta Air Lines pension fund, oldest first

Nov 18, 2024
Disclosure
Delta Backs Every Notional Beta Dollar With Cash or Hedge Funds
“We created something that we call the golden rule. So we've got a notional value of our beta overlay. Every notional dollar needs to be backed by either cash or hedge funds. That's the golden rule.”
Jon Glidden Nov 18, 2024 ▶ 25:35 Jon Glidden - Delta Airlines Pension Fund Turnaround (EP.417)
Nov 18, 2024 positive
Assertion Not publicly verifiable
Delta Pension Compounded at Over 10% With ~185 Bps Alpha (2011-2021)
“The plan largely worked. So we compounded at over 10% from 20 11 to 20 21. We didn't quite get our 200 basis points of alpha, but we were really close. 180, 190 basis points of alpha.”
Jon Glidden Nov 18, 2024 ▶ 46:20 Jon Glidden - Delta Airlines Pension Fund Turnaround (EP.417)
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