Morgan Stanley Gets Index Into Nationwide Annuity

January 22, 2019 by Allison Bell

The life and annuities unit at Nationwide has added an investment index from Morgan Stanley to the index menu for its Nationwide Peak indexed annuity.

The Columbus, Ohio-based company ill be offering contract holders the Morgan Stanley 3D Index option.

The contract’s investment index menu already included the S&P 500, J.P. Morgan Mozaic II Index, and the MSCI EAFE Index.

The managers of the Morgan Stanley 3D Index have designed it to include both stocks and bonds, from both the United States and from other countries. The managers say they use two market trend indicators to adjust the index component allocations on a monthly basis.

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Originally Posted at ThinkAdvisor on January 21, 2019 by Allison Bell.