Conseco Capital Management hired Oak Associates and Chicago Equity Partners as subadvisers for five equity mutual funds with about $600 million in assets. Oak will manage the Conseco 20, and Science and Technology funds; Chicago Equity will manage the Conseco Equity and Large-cap funds and the equity part of the Conseco Balanced funds.
A Conseco spokesman confirmed the details of a Dec. 1 SEC filing regarding the new mutual fund subadvisers, but said he could not provide more information about future subadviser hires for the rest of the company’s more than $2 billion in equity assets.
