Stable Value: Still Waters Run Deep

Thursday, November 17, 2016
12:00 PM - 01:00 PM Eastern Standard Time
11:00 AM - 12:00 PM Central Standard Time
09:00 AM - 10:00 AM Pacific Standard Time

For an asset class with a fairly straightforward role in defined contribution (DC) participant portfolios—capital preservation—stable value is a remarkably complex investment. Wrap contracts can be challenging to navigate, underlying investments can run the gamut, and pricing and capacity can be fluid. And with the recent spate of lawsuits targeting stable value, the stakes have never been higher. Despite this, it remains one of the most popular offerings in DC plans, especially for workers near and in retirement.

Join Morgan Lewis partner Marla Kreindler and Callan consultants to hear the latest trends and thinking in stable value. Topics will include:

  • The capital preservation decision: money market versus stable value
  • Pros and cons of stable value vehicles: commingled investment trust or separate account?
  • Best practices in underlying fund due diligence
  • Navigating the duration spectrum of stable value
  • The current state of wrap provider contracts
  • Stable value fees and capacity
  • Trends in stable value litigation


Please contact Tom Szkwarla at szkwarla@callan.com.