Wisconsin Deferred Compensation Program, Madison, tentatively selected an alliance of three investment advisers to manage a diversified stable-value option for its $823 million fund, said Mary E. Willett, director-supplemental retirement plans.
The hiring depends on the Wisconsin's board approval, pending contract negotiations. The alliance would replace a straight GIC fund managed by Great West Life Assurance Co. That fund has $130 million.
Maxwell E. Bublitz, president and CEO of Conseco Capital Management, has been named to the additional post of senior vice president, investments. Mr. Bublitz has been with the firm since 1987 and president since 1994. He has been involved in research, trading, portfolio management and asset/liability management