A Bankers Trust unit launches annuity fund.

Bankers Trust Co. is managing a new variable annuity portfolio for its Golden American Life Insurance Co. unit.

The Emerging Markets Portfolio will invest in Latin American and Pacific Basin equities with an eye toward long-term capital growth.

Golden American offers 11 variable annuities in its Golden-Select family. Bankers Trust manages two others: the Limited Maturity Bond Portfolio and the Liquid Asset Portfolio.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER