NU Online News Service, Jan. 8, 10:03 a.m. – Pacific Life Insurance Company, Newport Beach, Calif., has added an equity income portfolio and a "research" portfolio from Putnam Investments, Boston, to the options available through its variable annuity and variable life insurance products.
The Putnam equity income portfolio invests in what managers believe to be low-priced stocks that offer the potential for current dividend income.
The "research" portfolio tries to achieve long-term increases in capital by investing in stocks suggested by Putnam equity analysts.