Mercer Tool Simplifies Equity Exchange Programs

Mercer launched "equity choice," a new online decision-support tool for employers offering an equity exchange program.

The tool provides employees with a way to compare the choices in their stock option program, including restricted stock units (RSUs) or other alternative investments; model various scenarios based on the offerings; and enable the decision-making process, according to a press release.

Key features of the equity choice tool include personalized stock option and RSU data, calculators, and educational information, Mercer said. Individuals can also model various scenarios specific to their own portfolio to help them choose the most appropriate exchange option.

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Employers can “capture” and implement employee decisions to allow for a completely automated conversion experience.

A recent Mercer survey found that more than half of public companies have more than 75% of their outstanding stock options underwater. More than half of these companies have implemented or are considering a re-pricing or exchange program to address employees’ underwater options (see “Survey Finds Companies Adjusting Executive Pay Programs“).


More information is available at www.mercer.com.

 

 

FTSE in Partnership for Currency Indexes

FTSE Group and Record plc, a specialist currency investment manager, have hashed out an agreement to create a new range of currency Forward Rate Bias (FRB) indexes.

The indexes will aim to provide investors with a passively managed and transparent benchmark for currency FRB returns, used for portfolio construction, index-tracking, and benchmarking, according to a news release.

“This new co-operation combines FTSE’s global brand equity, track record in strategic partnerships, and renowned indexing expertise with Record’s comprehensive knowledge of currency investment management,” said Mike Bruno, head of Fixed Income at FTSE Group, in the release.

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More information is available at www.ftse.com.

 

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