Western Reserve Life Assurance Co. of Ohio Inc., Largo, Fla., which...

Western Reserve Life Assurance Co. of Ohio Inc., Largo, Fla., which runs $4 billion in variable life and variable annuity products, named two new subadvisers. Hotchkis & Wiley will run midcap domestic equity and global equity funds. GE Investments will run a domestic growth and income fund and co-advise an international equity fund with Scottish Equitable, a firm owned by Aegon, the parent of Western Reserve.The changes are effective Jan. 1.