Briggs & Stratton Corp., Milwaukee, committed $10 million to Oaktree...

Briggs & Stratton Corp., Milwaukee, committed $10 million to Oaktree Capital Management’s international convertible bond fund, said Michael Juneau, director of pensions. The $920 million plan will fund the commitment by trimming an active domestic fixed-income fund managed by Baird Advisors to $140 million. The change was made because the international allocation fell to 6% from its 10% target, Mr. Juneau said. Callan assisted.