Teamster Funds Shifts Billions to Mellon, Northern Trust

October 7, 2010: Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Ill., hired Mellon Capital Management to run $926 million in an MSCI EAFE index find, according to a filing in U.S. District Court in Chicago.

The $18.5 billion fund also added $715 million to an existing S7P 500 index fund managed by Mellon, increasing it to $4.6 billion, according to the filing.

Click here to read more.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

UPS Teamsters Looking Ahead

UPSers are putting their anger to good use. We organized and Voted No to reject contract givebacks.  Now Hoffa and Denis Taylor are saying the contracts we rejected are “ratified.”

We demand they renegotiate reasonable changes.

With UPS Contracts in Chaos, Hoffa Heads to Singapore

We still haven’t heard a peep from Hoffa since UPS and UPS Freight Teamsters Voted No. Now, we know why. A few days after the ballot count, Hoffa and his top advisers skipped town for a 10-day trip to Singapore.

View More News Posts