The Performance of Variable Annuities

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Michael J. McNamara; Henry R. Oppenheimer;
(1991)
  • Journal: Journal of Insurance Issues,volume 14,issue 2,pages15-30

Variable annuities have become increasingly important in retirement plans. This paper provides an examination of the investment performance of variable annuities for the period year-end 1973 to year-end 1988. Returns, risk, and selectivity measures are analyzed for the ... View more
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