The SVIA Stable Value Funds Quarterly Characteristics Survey just hit a milestone. The survey, which covers the synthetic portfolios of 23 stable value managers, now has 20 quarters under its belt. It was first run covering the fourth quarter of 2008 and now covers all the way to the third quarter of 2013. The survey shows a consistent and steady allocation to stable value, with assets under management that totaled $347 billion in the fourth quarter of 2008 and which have risen to $459 billion in the third quarter of 2013; a 32 percent increase for the 20 periods. The survey found that the third quarter of 2013 crediting rates had a weighted average of 2.08 percent, which remains significantly higher than returns from money market funds.
Stable value assets under management as reported by the Stable Value Funds Quarterly Characteristics Survey from 4Q2008 to 3Q2013:
