Index roundup: AIG and Pimco launch new global index
American International Group (AIG) and Pimco have launched the Pimco Global Optima Index, developed exclusively by Pacific Investment Management Company for AIG's Power Series of index annuities. The index provides the opportunity for more growth potential than indices that focus solely on the US or a single sector. It seeks to outperform by using quantitative rules to adjust its allocations across a diverse range of US equity, international equity and US fixed income markets.
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