H.B. Fuller Co., Arden Hills, Minn., will consider adding international equities during an asset allocation study to start the middle of this year, said Bret D. Saathoff, senior financial analyst. A move into international equities would give the plan greater diversification, he said. The $150 million plan currently has 95% of its assets in U.S. equities, with its remaining investments in domestic fixed-income.
Depending on the outcome of the in-house study, Mr. Saathoff expects the plan to hire an additional manager and possibly use an existing manager for the new asset class.