MetLife Unit Hires Wilshire

MetLife Advisers LLC, a unit of MetLife Inc. of New York, announced Monday that Wilshire Associates Inc.'s Wilshire Funds Management will provide investment services for the MetLife Asset Allocation Program portfolios.

The products are part of Met Investors Series Trust, which are available primarily through MetLife Investors deferred variable annuities.

The MetLife Asset Allocation Program has five risk-based asset allocation portfolios from which MetLife Investors clients can choose. Each portfolio was designed for a specific investor, with objectives, retirement time horizon and risk tolerance.

Wilshire is based in Santa Monica, Calif.

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Wealth management
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