Principal Financial Group enhanced the Principal Variable Annuity, adding eight investment options managed by Berger Associates, Dreyfus, Goldman Sachs and J.P. Morgan.
The new options are real estate, utilities, midcap growth stocks, small-cap stocks, small-cap growth stocks, small-cap value stocks, microcap stocks and international small-cap stocks. Nineteen investment options are now available.
Pat Cronin, formerly financial manager and assistant director for the Milwaukee Employes' Retirement System, joined Robert W. Baird & Co., heading research for its consulting unit. Mr. Cronin will direct research for wealthy individuals, pension funds, endowments and foundations.
The Milwaukee fund is searching for a replacement.
