WM Advisors Inc., the asset management arm of the Seattle-based thrift company Washington Mutual Inc., recently appointed Randall L. Yoakum as chief investment officer and senior portfolio manager for its mutual fund family.

In the newly created position, Mr. Yoakum, 40, is responsible for equity and fixed-income investments of the WM Group of Funds. He reports to William G. Papesh, the president of WM Advisors.

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