Lori Ensinger was named managing director of value strategies and Diane Sobin was named senior portfolio manager at Banc of America Capital Management. They will be part of a new team managing the firms $1 billion in large-cap value equities. A research analyst and a trader will be named soon. Its value style was managed by Michael E. Kenneally, co-chairman and chief investment officer, said a spokesman.
Ms. Ensinger was managing director of large-cap value strategies at Zurich Scudder; Ms. Sobin was portfolio manager on Zurich Scudders value team.