Industrial Employers & Distributors Association, Emeryville, Calif., adopted a new asset allocation for its $130 million Distributors Association Warehousemen's Pension Trust, said David McKenzie, trust administrator and secretary. The plan's new targets are 60% equity and 40% fixed income; there was a 50-50 split, Mr. McKenzie said. Equity portfolios were increased across the board, and the plan will not conduct any manager searches. Alan D. Biller & Associates assisted.
Industrial Employers & Distributors Association, Emeryville, Calif....