USAA Asset Management Company is so committed to bringing its equity fund business in-house that it is bidding adieu to two subadvisors.

According to a filing, the firm has fired Loomis, Sayles & Company and UBS Global Asset Management and added three new portfolio managers: John Toohey, Wasif Latif and John Jares to the USAA Growth & Income Fund, in addition to the two current subadvisers, Wellington Management Company and Barrow, Hanley, Mewhinney & Strauss.

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