Bloomberg: Bloomberg launches multi-asset index for annuities market

Bloomberg Indices has launched the Bloomberg Versa 10 Index (BVERSA10), a multi-asset benchmark for the evolving fixed indexed annuity market targetting a 10% volatility level and offers diversified exposure across US equities, Treasuries, gold and the US dollar. Developed in collaboration with RBC Capital Markets and Salt Financial, the index uses a rules-based framework to