The $900 million U.S. 401(k) plans of Northern Telecom Inc., Nashville, added four investment options.
Delaware Management will run an international equity commingled fund. Three mutual funds were added: Baron Asset Fund, a small-cap fund run by Baron Capital Management; Mutual Qualified Fund, a growth and income fund run by Heine Securities; and DFA 6-10, a passive small-cap fund run by Dimensional Fund Advisors.
Four existing options are managed by Bankers Trust; the fund also has a company stock option.