Products May 13, 2009

S&P Introduces Risk-Controlled Versions of Popular Indexes

Standard&Poor's launched risk-controlled versions of its S&P 500 and S&P /ASX 200 indexes.
Reported by

The S&P 500 Risk Control 10% Index and the S&P/ASX 200 Risk Control 15% Index track the return of a strategy, which adjusts the exposure to each underlying index to control the level of risk. An S&P announcement said the indexes are for investors looking to gain exposure to the U.S. and Australian markets while limiting their risk.

The S&P 500 Risk Control 10% Index targets a volatility level of 10% and the S&P/ASX 200 Risk Control 15% Index targets a volatility level of 15%. If the risk level reaches a threshold that is too high, the exposure to the index is decreased to maintain the target volatility, the S&P explained. If the risk level is too low, then the Index will employ leverage to maintain the targeted level of volatility.

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

 

More information is available at www.strategyindices.standardandpoors.com.

 

Products May 13, 2009

CEFS Enhances Equity Comp Plan Service Platform

UBS Corporate Employee Financial Services (CEFS) has added a software utility to its technology platform to facilitate data exchange with clients that seek equity compensation plan services.
Reported by

A news release said that services could be for employee stock options, restricted awards/units, stock appreciation rights, employee stock purchase plans, and other related offerings.

According to the release, the new software application enhances CEFS’ ability to offer execution-only and partial administration service models. Designed specifically for companies using Transcentive’s Express Options and Express Stock Purchase equity compensation plan administration software, it fully automates what until now have been largely manual information management processes.

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

In addition to automating data transfer, the software offers clients a range of time and cost efficiencies and capabilities, including data filtering.

“CEFS clients get the best of both worlds,” said Michael Barry, head of CEFS Corporate Sales and Services, in the release. “They can rely on Transcentive’s proven software to administer their equity compensation plan in-house and, by working closely with UBS, are able to deliver a superior participant experience to their employees.”

 

More information is available by calling 866.706.2727 or e-mailing cefsan@ubs.com.

 

«