Manager Signed
Transamerica Investment Man-agement of Los Angeles has been hired to manage a large-cap growth separate account portfolio for Lockwood Financial Services in Malvern, Pa. Bank One in Columbus, Ohio, and Envestnet PMC in Chicago also have chosen the firm to manage large-cap growth portfolios in their separate account programs.
New Shares Introduced
ABN AMRO/Chicago Capital Growth Fund has introduced C- and R-class shares, and the firm‚s Montag & Caldwell Growth Fund is offering R-class shares. C shares offer a level load, while R shares are for the 401(k) market. For more information, call (800) 597-9704 or visit www.advisor.abnamrofunds.com.
AMEX Firm Offers New Products
IDS Life Insurance Co., a Minneapolis-based subsidiary of American Express Co., has introduced two new life insurance products–American Express Variable Universal Life IV and American Express Life Protection Select. The new products include longer death benefit guarantees, lower internal costs and added flexibility.