U S WEST Inc. has $17.5 billion in total employee benefit assets and $11.8 billion in pension assets; it has a 40% allocation to domestic equities. The numbers were reported incorrectly in the July 21 issue.
Officials at the Ontario Teachers Pension Plan Board have no immediate plans to enter the U.S real estate market. The pension fund does not have approval of the board of directors to invest in U.S. real estate. The information was reported incorrectly in the July 21 issue.
A July 21 story about Convergent Capital Management Inc., Chicago, incorrectly spelled the name of Amway co-founder Richard M. DeVos.