Update: Variable Insurance Volatility-Managed Portfolios
Steven D. McDonnell
This spreadsheet updates our coverage of variable insurance volatility-managed portfolios, with data through the second quarter of this year.
By our count, 28 new vol-control funds commenced operations in 2Q13, and assets all such funds grew to exceed $112 billion. We made an adjustment to our coverage that we will note quickly here: we removed mention of the John Hancock PS Portfolios, which are used with the insurer’s asset transfer program (it’s required for owners of guaranteed benefits, and allows the company to move client money in and out of equities in response to market conditions).