Aim Capital Management, a Houston-based mutual fund company with $25 billion under management, has named a new chief equity officer.

Scott Lucas will supervise Aim's equity portfolio strategies, product developments, and department administration. He will also serve on Aim's investment policy committee.

Before joining Aim, Mr. Lucas spent 12 years at Goldman, Sachs & Co. While there, he oversaw marketing efforts of global and domestic equity funds in the western U.S. and Canada.

Separately, the Holden Group, a Los Angeles-based company that helps banks market annuities, has lured a marketing executive from rival Liberty Financial Bank Group.

Michael Erskine has been tapped to oversee Holden's 15 bank programs in Michigan. He started his new post April 19. At Boston-based Liberty he was responsible for recruiting brokers.

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