Athene Wins The “FIA Of The Year” Award

December 7, 2022

Athene BCA 2.0 Suite of Fixed Indexed Annuities [FIAs] won the “FIA of the Year” award at the SPi USA 2022 Awards for Excellence ceremony.

A spokesperson said, “The event, hosted by Structured Product Intelligence [SPi], recognizes leaders in structured investments in the indexed product space, including insurance carriers, annuity and index designers, and hedge providers. This is the second FIA of the Year award for BCA in 2022.”

“It’s great to see BCA being recognized by the industry for a second time as FIA of the Year,” said Annexus CEO and Co-Founder Ron Shurts. “It’s a testament to the work our teams have done to bring some of the brightest academic minds and Wall Street together to create a really powerful lineup of indices available with BCA fixed indexed annuities.”

Annexus partnered with Athene, a leading provider of retirement savings products, and leading index designers, including Professor Robert Shiller, legendary Wharton Professor Jeremy Siegel, Bank of America, Barclays, Citi, Merrill Lynch, S&P and WisdomTree to build one of the industry’s most diversified index lineups in an FIA designed to help provide more stable returns through changing market environments.

“Once again, I am delighted that our Shiller Barclays Global index is part of this two-time award-winning FIA for 2022. The Annexus strategy is taking the principle of diversification seriously, to the point of putting together for consumers a broad array of thoughtfully defined indices,” said Professor Shiller.

“The Athene BCA Suite of Fixed Indexed Annuities offers one of the industry’s strongest combinations of accumulation potential, principal protection, income, and legacy benefits. It features two of the top-producing indices, the WisdomTree Siegel Strategic Value Index™ and the Shiller Barclays Global Index, which both have positive year-to-date performance of up to [10%], while the S&P 500 is down [-24%] and bonds down over [-13%].

“I am pleased the WisdomTree Siegel Strategic Value Index has performed so well,” said Professor Siegel. “The index design was heavily inspired by my research and value approach to investing. It is based upon a systematic value investment strategy, which is an approach that has worked well over long periods.”

“In this economic downturn, the WisdomTree Siegel Index favors sectors that have strong earnings and momentum relative to their current price and avoids those sectors that are expensive relative to their fundamental,” said Professor Siegel. “A unique design of our index, which has worked extremely well, is that it shorts the S&P 500® Index while going long in sectors which have strong value characteristics.”

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