[T-Z] Largest Funds.(Brief Article)

Pensions & Investments, January, 2000

[T] Teamsters, Central States, Southeast and Southwest Areas Pension Fund ($ millions) Total assets 19,026 Defined benefit 19,026 Employer contributions 981 Benefit payments 1,672 Asset mix: Domestic stocks 39.3% Fixed income 28.1% Foreign stocks 18.8% Cash equivalents 10.2% Real estate equity 1.7% Other 1.9% ROSEMONT, Ill.

-- As of Sept. 30, Central States, Southeast and Southwest Areas Pension Fund's total employee benefit assets, all defined benefit, increased 11% from a year earlier. Employer contributions to the defined benefit plan increased 1%; benefits paid increased 7%. During the past year, the fund hired J.P. Morgan and Goldman Sachs as named fiduciaries, each to oversee half of the fund's assets, with authority to...