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In this latest article, Anders Kirkeby, Head of Open Innovation at SimCorp discusses the role of innovation in the front office and why it may be the answer to achieving both competitive differentiation and the standardization many investment managers seek. Kirkeby is also joined by Alex Marangoni, Director, Citisoft for a Q&A on the topic.
Foreword by Anders Kirkeby, Head of Open Innovation, SimCorp
Anders Kirkeby, SimCorp
Creating the ‘
secret sauce’ of investment management is more elusive than alpha itself. Today’s largely homogeneous buy side must navigate squeezed margins and more regulations, while building the scale and expertise needed to keep up with growth in alternatives and ESG. Asset managers are stuck playing catch-up, with innovation on the back burner.
Nationwide Announces New Suite of In-Plan Annuities
Nationwide has introduced Nationwide Indexed Principal Protection, an in-plan group fixed indexed annuity, the first of a suite of in-plan annuities that are set to be launched over the course of 2021.
This new investment option can provide the potential for growth based on the return of a market index while also providing principal protection. Additionally, there are no investment minimums for participants wanting to allocate to this new option.
“Participants, especially those nearing retirement, are looking for ways to protect their investments given recent market volatility. At the same time, they realize they still need growth in order to outpace inflation,” says Eric Stevenson, president of Nationwide Retirement Plans. “Nationwide Indexed Principal Protection is one of the first fixed indexed annuities to be offered as an in-plan annuity that can help participants address both of these needs.”