Life Assurance Society of the U.S., a subsidiary of Equitable Cos., has added Alliance Capital's Premier Growth Fund to its variable annuity products portfolio.
The New York-based company said the fund will first be included in its EQ Advisors Trust and later added to its Equi-Vest Variable Annuity and Momentum series of variable annuities.
The fund will add a proven large-cap growth fund to Equitable's list of asset management portfolios, the company said.
Equitable also announced it would be adding Alliance's Accumulator product, a combination variable and fixed deferred annuity, to its menu.
Equitable, a subsidiary of AXA Group, has $33.4 billion of variable assets under management.
Separately, Equitable Distributors Inc., Equitable's distribution arm, promoted Van Rubiano to president of its life division, the unit that distributes insurance through banks, wire houses, and broker-dealers.
Mr. Rubiano, 39, was general manager of Equitable's Pacific Northwest region since 1998. Before that he held numerous career agency positions with Equitable in California.