International Union of Operating Engineers and Participating Employers...

International Union of Operating Engineers and Participating Employers Central Pension Fund, Washington, asked investment consultant Ennis Knupp to advise the $7.73 billion plan on whether to take any action against PIMCO because of market-timing allegations against the firm, said Michael Fanning, CEO. PIMCO manages $287 million in short-term fixed income for the pension fund. "We haven't reached any conclusion yet," Mr. Fanning said.