Wednesday, June 11, 2008
Lincoln Financial Group Appoints State Street Global Advisors for Broad-Ranging Sub-Advisory Relationship
State Street Global Advisors (SSgA), the investment management arm of State Street Corporation, announced today that it has been selected by Lincoln Financial Group (Lincoln) for an extensive sub-advisory relationship.* This new relationship will include the management of eight investment portfolios that will be available as subaccounts within Lincoln’s variable annuity, variable life insurance, COLI, 403(b) and 401(k) products. These new investment portfolios, though available as individual subaccounts, will also be used as building blocks for a series of low cost, risk-based asset allocation strategies within Lincoln’s Choice Plus variable annuity product suite. The relationship also includes the use of SSgA’s SPDR® family of exchange-traded funds in PMFM’s 401(k) Toolbox offered through Lincoln Financial Group affiliates.
Lincoln Financial Group Appoints State Street Global Advisors for Broad-Ranging Sub-Advisory Relationship
Source: Business Wire
Lincoln Financial Group Appoints State Street Global Advisors for Broad-Ranging Sub-Advisory Relationship
Source: Business Wire