Product creation in variable insurance funds these days is greatly influenced by the need for insurers to have their sub-accounts like up with the risk management programs backing up their living benefit guarantees, thus we’re seeing an a abundance of specialized fund of fund (F-of-F) strategies being rolled out, as well as portfolios that either track a benchmark index very closely from a “long” perspective, or, on the other hand, ones that take a non-correlative approach to an index, to hedge against market downturns...
Reviewing Variable Insurance Fund Filings from January, 2008
Steven D. McDonnell