Asbestos Workers, Local 17, Chicago, in early March will conduct a biannual review of the managers of its $110 million pension plan, said John Crinion, chairman of the board. The plans asset allocation is 55% equity and 45% fixed income. Becker, Burke will assist.
The plans equity managers are Chicago Asset; Killian Asset; Northern Trust; Ariel Capital; and Turner Investment, confirmed Margarett Gorodess, executive consultant at Becker, Burke. Its fixed-income managers are Great Lakes and NISA Investment Advisors ULLICO manages a mortgage fund for the plan, and John Buck manages a real estate portfolio.