The Annuity Board of the Southern Baptist Convention, Dallas, hired...

The Annuity Board of the Southern Baptist Convention, Dallas, hired Seix Investment Advisors to manage the high-yield component of a new capital preservation fund, said board spokesman Kurt Sharp. The capital preservation fund is the 14th mutual fund available to the $4.5 billion 403(b) plan’s participants. The new fund is a blend of the board’s existing low duration and medium duration bond funds, along with the new high-yield portion.