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Wisconsin Deferred Compensation cutting American Beacon fund from lineup


Wisconsin Deferred Compensation cutting American Beacon fund from lineup
Wisconsin Deferred Compensation cutting American Beacon fund from lineup
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Wisconsin Deferred Compensation Program, Madison, will remove the American Beacon Bridgeway Large Cap Value Fund from its investment options lineup.
The $5.9 billion 457 plan s board at its March 11 meeting approved terminating the fund managed by American Beacon Advisors and subadvised by Bridgeway Capital Management due to underperformance, said Shelly Schueller, director of the deferred compensation program, in an email.
According to a memo from Ms. Schueller included with meeting materials, the fund had $19 million in assets in the plan as of Dec. 31. Record keeper Empower Retirement will conduct a shortlist search for a replacement and present its findings at the June 10 board meeting. ....

United States , Shelly Schueller , Large Cap Value Fund , Wisconsin Deferred Compensation Program , Vanguard Group , American Beacon Advisors , Bridgeway Capital Management , Empower Retirement , American Beacon , ஒன்றுபட்டது மாநிலங்களில் , ஷெல்லி ஸ்சுெல்லேர் , பெரியது தொப்பி மதிப்பு நிதி , விஸ்கான்சின் ஒத்திவைக்கப்பட்டது இழப்பீடு ப்ரோக்ர்யாம் , வான்கார்ட் குழு , பிரிட்ஜ்வே மூலதனம் மேலாண்மை , அதிகாரம் ஓய்வு , அமெரிக்கன் பெக்கான் ,