40/86 Advisors Named to Manage Core Bond Assets for IBEW Local 855 Money Purchase Pension Plan and Trust.Business Editors NOTE TO EDITORS: In the company name 40|86 Advisors noted in this news release, there is a pipe symbol between 40 and 86. This symbol may not appear properly in some systems. CARMEL, Ind.--(BUSINESS WIRE)--Jan. 20, 2004 40|86 Advisors, Inc. recently announced that they will manage a core fixed income portfolio for the pension plan of International Brotherhood of Electrical Workers The International Brotherhood of Electrical Workers (IBEW) is a labor union which represents workers in the electrical industry in the United States and Canada, particularly electricians, or Inside Wiremen, in the construction industry and linemen and other employees of public (IBEW IBEW n abbr (US) (= International Brotherhood of Electrical Workers) → sindicato internacional de electricistas IBEW n abbr (US) (= International Brotherhood of Electrical Workers ), Local 855, which is based in Muncie, IN. Size of the mandate and fees were not disclosed. "Greg Hahn and his team at 40|86 Advisors have always been straight shooters. We like them because we have access to the actual team managing our money and they understand the huge responsibility we have for the quality of our members' lives," said Troy Smith Troy Smith (born July 20, 1984 in Cleveland, Ohio) is a former starting quarterback for the Ohio State University football team from 2004-2006, and the winner of the 2006 Heisman Trophy. , Trustee on the Plan. "40|86's products and people are among the elite in the fixed income marketplace," said Eric Johnson
Eric Johnson (born August 17, 1954) is a guitarist and recording artist from Austin, Texas. , President of 40|86 Advisors. "The addition of IBEW Local 855 furthers our belief that our team-oriented approach to investing, personalized client services and performance track record continue to be a very compelling offer to institutional investors." The IBEW represents over 780,000 members who work in a number of fields including utilities, construction, telecommunications, manufacturing, railroads, government and broadcasting. Founded in 1891, the IBEW is among the largest unions in the world and has members in both the United States and Canada. With over 1,100 local unions, and its members representing numerous skilled occupations, the IBEW is one of the most highly respected unions within the AFL-CIO AFL-CIO: see American Federation of Labor and Congress of Industrial Organizations. AFL-CIO in full American Federation of Labor-Congress of Industrial Organizations U.S. . The IBEW provides its members with superior benefits including health and welfare coverage and pension plans. The union has a long-standing reputation for intelligent, strong and loyal members. 40|86 Advisors, based in Carmel, Indiana, is a leading fixed income investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and with over $26 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . The firm serves a wide variety of institutional clients, including Taft-Hartley plans, foundations, endowments, insurance companies, public funds, corporate pensions, religious organizations, healthcare organizations, educational institutions, structured products and mutual funds. Visit 40|86 Advisors at www.4086.com. |
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