Barclays Capital tailors indexes to US stable value industry

Barclays Capital tailors indexes to US stable value industry

Stable Income Market Index (Simi), a new index tailored to the needs of the US stable value industry has been launched jointly by Barclays Capital research index, portfolio and risk solutions group and its quantitative portfolio strategy group.

Designed to have a relatively modest risk profile, the index was launched to serve as a benchmark for the asset portfolio within a stable value fund. Barclays has defined the index as a low-risk blend of asset classes from within Barclays Capital with