Hedge Cost Index December 2015

  • Print
  • Connect
  • Email
  • Facebook
  • Twitter
  • LinkedIn
  • Google+
By Adam Schenck, Daren Lockwood, Ram Kelkar, Xiaohong Mo | 05 January 2015
The expected hedge cost for a hypothetical lifetime GMWB block (see Index Methodology) is estimated to be 124 bps as of the end of December 2015, down 5 bps from the previous month, driven by an increase in long-term swap interest rates.