Worried About A Bond Bubble?
The Forbes article “Worried About A Bond Bubble? Consider A Stable Value Fund For Your 401(k)” brings up some good points regarding stable value funds. http://www.forbes.com/sites/janetnovack/2012/11/26/worried-about-a-bond-bubble-consider-a-stable-value-fund-for-your-401k/
Income Funds: The Next Evolution for Stable Value?
By Randy Myers Hybrid cars are the latest innovation in the automotive world, and some investment professionals are wondering if hybrid funds could be the next big thing in the stable value universe. Only a handful of hybrid funds exist. There isn’t even a consensus on what these funds should be called; some have also […]
Debt and Deficit Crisis: Navigating the Realities of a Deleveraging
By Randy Myers The 2008 housing bust and credit crisis may be fading into the rearview mirror of history, but they are continuing to drive developments in financial markets and much of the global economy. After triggering what has been termed the Great Recession, the financial market crisis has left the developed world contending with […]
Editor’s Corner
By Marijn Smit, AEGON Stable Value Solutions In pulling together this last issue of Stable Times in 2011, I was struck by both the breadth and the depth of the articles. The articles, which highlight SVIA’s Fall Forum and Annual Meeting that was held on November 16-18, addressed many of the challenges that the stable […]
Focusing on Stable Value Pooled Funds: Wither the 12-Month Put?
By Randy Myers Would changing one of the most common features of pooled stable value funds help bring more wrap capacity to the stable value marketplace? The feature in question is the 12-month notice that retirement plan sponsors must typically give to a pooled fund if they want to exit the fund and no longer […]
Stable Value Funds Deliver for Investors in 2011
By Randy Myers Investors want two things from their stable value funds: capital preservation and a steady, predictable return on their investment. In 2011, stable value funds continued to deliver those benefits, SVIA President Gina Mitchell told participants at the organization’s Fall Forum, held in November in Washington, D.C. Acknowledging that stable value investors value […]
Stable Value and Rising Interest Rates
Stable value managers are frequently asked how stable value funds will respond in a rapidly rising interest rate environment. Some consultants and plan sponsors seem to fear that today’s historically low interest rate environment will disadvantage stable value funds should rates rise. To address this fear, it is helpful to look at what makes this […]
Stable Value: Issuers’ Perspectives
By Randy Myers At the right price, it appears, some new players are prepared to step into the stable value wrap business after all. In the wake of the 2008 credit crisis, when wrap issuers were earning only about seven basis points on the stable value portfolios they insured, some began leaving the business. The […]
SVIA Elects New Board Members
SVIA members elected four new members to the Board of Directors. Ninety-four percent of the membership voted in the election. UTC’s Joe Fazzino was affirmed by the membership as a plan sponsor member of the Board. His three year term begins on January 1, 2012. The following service firm members were elected to serve a […]