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Lord Abbett, Wilshire pair up to launch fixed-income overlay service

New arrangement was unveiled at Pershing's Financial Solutions Conference in Florida

Lord Abbett & Co. LLC and Wilshire Associates Inc. this week launched Pro Active Income Solutions, a pair of fixed-income portfolios for advisers who want to outsource some of their bond management.
The Active Income Opportunities portfolio aims for the 10-year Treasury yield plus 150 basis points

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