Willamette Asset Managers, Portland, Ore., hired Bank of New York...

Willamette Asset Managers, Portland, Ore., hired Bank of New York Asset Management as subadviser for its $14 million Value Fund. The fund had been managed internally. Bank of New York’s performance as a subadviser on the Willamette Small Cap Growth Fund was a significant factor in the hiring, said Jamie McKinney, Willamette financial analyst.