- S-Network Global Indexes
- Posted December 13, 2017
S-Network appointed as calculation agent for two indexes at Milliman Financial Risk Management
New York, NY (December 13, 2017) — S-Network Global Indexes today announced that it has been appointed as calculation agent for two of Milliman Financial Risk Management’s (Milliman FRM) core index strategies: the Milliman Managed Risk Parity Growth Index (ticker: MMRPG) and the Milliman Managed Risk Parity Moderate Index (ticker: MMRPM). The indexes employ a proprietary methodology to adjust exposure to certain exchange-traded funds based on key risk factors.
“We are honored to have been chosen by Milliman, a global leader in institutional risk management,” said Joseph LaCorte, CEO of S-Network.
“We are pleased to launch these indices that track Milliman’s Managed Risk Parity strategies, which utilize liquid and cost efficient ETFs to offer risk parity strategies that also incorporate volatility control to mitigate downside risk,” said Ram Kelkar, managing director and head of the capital markets group at Milliman.
For more information, visit: http://www.milliman.com/frm/
About Milliman Financial Risk Management LLC.
Milliman Financial Risk Management LLC (Milliman FRM), an SEC-registered investment adviser, is the sub-adviser for the DeltaShares Managed Risk ETFs. Milliman FRM is a global leader in financial risk management to the retirement industry, providing investment advisory, hedging, and consulting services on over $152 billion in global assets as of June 30, 2017. Established in 1998, the practice includes professionals operating from three trading platforms around the world (Chicago, London, and Sydney).
Milliman FRM is a unit of Milliman, among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For more information about Milliman FRM, visit www.Milliman.com/FRM.
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with over USD 8 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. For more information, visit www.snetglobalindexes.com/.