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

Teamsters, Justice Department Ask Court to Sunset Federal Oversight

The IBT and the Department of Justice have filed a joint motion in court to ask for approval on a plan to sunset federal oversight of the Teamsters. What does this mean for the future of anti-corruption efforts and International elections in our union?

Amazon Ordered to Bargain with Teamsters in California

An administrative law judge has ordered Amazon to recognize and bargain with Teamsters at the DCK6 delivery warehouse in San Francisco after finding the company violated federal labor law by refusing to recognize the union.

View More News Posts