U.S. residents are starting to put more into variable annuities and variable life insurance policies, and they are particularly interested in domestic bonds and international investments.
Financial Research Corp., Boston, has published data supporting that view in a report on March variable product net flows.
Variable product stock, bond and money-market options took in $2.1 billion more cash than they lost in March, up from a net outflow of $1.3 billion in March 2005, according to FRC.
The FRC flow totals exclude the hot new lifestyle funds and other “funds of funds.”