According to a Delaware press release, the new stable value product lineup, offered along with Dwight Asset Management Company, will be made available to 529 college savings plans, qualified employee benefit plans, government plans, and variable annuities.
The company said its stable value investment strategy will be to pursue interest income comparable to that offered by high quality, intermediate term fixed income products along with an emphasis on preservation of capital.
Delaware’s stable value investment goal will be to
provide high current income and price volatility protection
from interest-rate movements.
As of March 31, 2002, Delaware had approximately $86 billion in assets under management.
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