The new underlyings have been deployed via fixed indexed and registered index-linked annuities issued by Nationwide and Transamerica.
BNP Paribas (BNPP) has licensed its Global H-Factor Index to US annuity provider Nationwide to serve as underlying of the Nationwide Peak 10 fixed indexed annuity (FIA). The index offers a probability-based approach to investing ‘by identifying and removing potentially overpriced stocks likely to lose value due to human behaviour, resulting in a portfolio made up of equities more likely to deliver growth’. Investors in indexed annuities are seeking a more innovative app