Allianz Life Insurance Company of North America is replacing Fred Alger Management as subadvisor on two funds offered through its variable annuity and life products, according to a document the company filed with the Securities and Exchange Commission.

Van Kampen Asset Management will replace Alger as portfolio manager to the USAllianz American Growth Fund and Strategic Growth Fund, according to the document, filed with the SEC Oct. 12. The document does not give a reason for the move. Calls to Allianz and Alger were not returned by press time.

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