New York City Deferred Compensation Plan named NISA Investment...

New York City Deferred Compensation Plan named NISA Investment Advisors as administrator of its $1 billion wrap option, said Dean Weltman, plan compliance officer. The $5.6 billion plan terminated the previous administrator, Aegon; Mr. Weltman would not say why Aegon was terminated. NISA had been interim administrator. PIMCO, Dwight Asset Management and Standish Mellon were the other finalists.