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Vera Yuan
Vera Yuan
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Diamond Hill Capital Comments on American Equity Investment Life Holding Co

June 26, 2014 | About:

Life insurer American Equity Investment Life Holding Co. (AEL) reported disappointing results due to a mismatch in their hedge position. We believe the company will continue to benefit from the growing demand for indexed annuities and from any increase in long-term rates.

From Diamond Hill Capital's Small Cap Fund Commentary – First Quarter 2014.

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