- Milliman Market Monitor London - 31 October 2019
By Neil Dissanayake, Peter Lin, Nima Shahroozi | 19 November 2019
European equity markets had a mixed performance in October.
- Milliman FRM Market Commentary: November 2019
By Joe Becker | 11 November 2019
The global equity market in October notched its second consecutive monthly return of more than 2% and its eighth positive monthly return for 2019.
- Hedge Cost Index October 2019
By Ram Kelkar, Daren Lockwood, Xiaohong Mo, Adam Schenck | 01 November 2019
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 191 bps as of the end of October 2019, down 10 basis points from the previous month, driven by an increase in long-term interest rates.
- The end of LIBOR
By Ram Kelkar, David Schreiner, Jeanne Russo, Josh Dobiac | 25 October 2019
Major initiatives are under way to reform interest rate benchmarks and move away from Interbank Offered Rates (IBOR) to overnight near risk-free rates.
- Milliman Market Monitor London - 30 September 2019
By Neil Dissanayake, Peter Lin, Nima Shahroozi | 17 October 2019
European equity markets made a strong recovery in September as the ECB cut the benchmark rate by 10 basis points and restarted its asset purchase programme in response to a weaker economic outlook.
- Milliman FRM Market Commentary: October 2019
By Joe Becker | 15 October 2019
Global equities rallied in September, recovering all of their losses from August and notching their third consecutive quarter of positive returns.
- Hedge Cost Index September 2019
By Ram Kelkar, Daren Lockwood, Xiaohong Mo, Adam Schenck | 03 October 2019
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 201 bps as of the end of September 2019, down 10 basis points from the previous month, driven by an increase in long-term interest rates.
- Milliman FRM Insight: September 2019 Market Commentary
By Joe Becker | 10 September 2019
Global equities notched their worst month of the summer amidst heightened volatility.
- Hedge Cost Index August 2019
By Ram Kelkar, Daren Lockwood, Xiaohong Mo, Adam Schenck | 05 September 2019
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 211 bps as of the end of August 2019, up 38 basis points from the previous month, driven by a decrease in long-term interest rates.
- A closer look at volatility control funds and their place in the financial market ecosystem
By Joe Becker | 03 September 2019
Market observers have posited in recent years that Volatility Control funds represent a focal point of instability for financial markets.