AIG Partners with PIMCO to Launch a New Global Index

AIG press release -------- American International Group, Inc. (NYSE: AIG) today announced the launch of the new PIMCO Global Optima Index, developed exclusively by Pacific Investment Management Company LLC (PIMCO) for AIG’s Power Series of Index Annuities. These fixed index annuities are issued by American General Life Insurance Company (AGL) and The Variable Annuity Life Insurance Company (VALIC), both member insurance companies of AIG. The PIMCO Global Optima Index provides the opportunity for more growth potential than indices that focus solely on the U.S. or a single sector. It seeks to outperform by using quantitative rules to adjust its allocations across a diverse range of U.S. equity, international equity and U.S. fixed income markets. To get more in depth information click on the picture below to read the release.