Teamsters Local 272 Labor & Management Pension Fund, New York...

Teamsters Local 272 Labor & Management Pension Fund, New York, invested $30 million in a Lehman Aggregate bond fund run by Northern Trust, said Marc Goodman, fund manager. Funding came from terminating Wellington Trust for performance; it ran $30 million in its Core Bond Plus pooled active domestic core fixed-income fund. The $125 million pension plan's asset allocation is 50% equity and 50% fixed income. Officials at Wellington Trust did not return a phone call requesting comment by press time. New England Pension Consultants advised.