Asbestos Workers Local 24 Pension Fund, Beltsville, Md., hired Phoenix...

Asbestos Workers Local 24 Pension Fund, Beltsville, Md., hired Phoenix Investment Partners to handle $5 million in active domestic fixed income, the last step in an overhaul of the $50.4 million plan’s manager lineup. Funding will come from an unidentified temporary fixed-income fund, said Richard Dahab of consultant Dahab Associates.