Hedge Cost Index October 2017 Print Connect Email Facebook Twitter LinkedIn Google+ By Ram Kelkar, Daren Lockwood, Xiaohong Mo, Adam Schenck | 07 September 2017 The expected hedge cost for a hypothetical lifetime GMWB block (see Index Methodology) is estimated to be 127 bps as of the end of October 2017, down 2 bps from the previous month, driven by an increase in long-term swap interest rates. Download the PDF AuthorsRam KelkarChicago, IL, USTel: +1 312 7260677View bioRam Kelkar, CFAPrincipal, Managing Director, Financial Risk Management, Capital MarketsChicago, IL, USTel: +1 312 7260677Read more>>View bioE-Mail | VCardDaren LockwoodChicago, IL, USTel: +1 312 7260677View bioDaren Lockwood, FRMQuantitative Development Group LeaderChicago, IL, USTel: +1 312 7260677Read more>>View bioE-Mail | VCardXiaohong MoChicago, IL, USTel: +1 312 7260677View bioXiaohong Mo, FSA, MAAA, CFAPrincipal, Consulting ActuaryChicago, IL, USTel: +1 312 7260677Read more>>View bioE-Mail | VCardAdam SchenckChicago, IL, USTel: +1 312 7260677View bioAdam Schenck, CFA, FRMPrincipal, Lead Portfolio ManagerChicago, IL, USTel: +1 312 7260677Read more>>View bioE-Mail | VCard