Pacific Select Executive Separate Account of Pacific Life Insurance Company has made a notable adjustment in its investment management strategy. The company has announced that it will change the subadvisor for its Pacific Select Fund International Small-Cap from FIAM LLC to Wellington Management Company LLP, effective November 1, 2026. This change is significant as it indicates a strategic shift in how the company manages its investment options.
Pacific Select Executive Separate Account operates under the Pacific Life Insurance Company, a well-established entity in the investment sector. The company is based in Newport Beach, California, and primarily focuses on providing investment options through variable universal life policies. The recent filing, dated October 21, 2026, reflects the company’s ongoing commitment to optimizing its investment strategies.
The filing states, "The purpose of this supplement is to announce an underlying fund change." This update is part of a broader effort to enhance the investment offerings available to policyholders. The change in subadvisor is expected to bring new perspectives and strategies to the management of the Pacific Select Fund International Small-Cap.
This adjustment may impact policyholders who have invested in the affected fund, as well as other stakeholders in the investment community. By appointing Wellington Management Company LLP, Pacific Life aims to leverage the expertise and resources of a well-respected firm in the investment management space.
The filing does not specify what actions will follow this announcement, but it underscores the dynamic nature of investment management and the importance of adapting to market conditions.