Nissan Motor Corp. U.S.A., Gardena, Calif., recently rebalanced its $280 million defined benefit plan and increased allocations to two managers as a result, said John French, controller. Barclays Global Investors, which runs $26 million in an S&P 500 index fund, received an additional $20 million; and Brinson Partners received an additional $2 million for a $30 million active EAFE mandate. Partial funding came from reducing a $68 million domestic large-cap equity growth mandate, run by Janus, by $20 million; and a $27 million fixed-income securities portfolio, run by Highmark Capital Management, by $1 million.
Nissan Motor Corp. U.S.A., Gardena, Calif., recently rebalanced its...
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