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.

Get Advice Join TDU Donate

Recent News

How We Made UPS Create RPCD Jobs in Our Local

UPS CEO Carole Tomé’s Better, Not Bigger strategy is about cutting volume and Teamster jobs. South Carolina Local 509 has fought back and won new driver positions. Shop Stewards John Gacsey and Russell Sires share how the fight played out in their building in Palmetto.

United Autoworkers Fight for Their Union

President Shawn Fain led members of the United Autoworkers (UAW) to victory in the Stand Up strike against the Big Three automakers. Now, he’s facing trumped up allegations from a federal monitor who’s trying to tip the balance in the upcoming UAW election for International Union officers. Here’s what you need to know.

View More News Posts