Black & Decker Inc., Towson, Md., has asked Wilshire Associates to conduct an asset allocation study for the $1.3 billion pension fund by year's end, said Patricia Haverland, director of pension investments.
``We do one every three years to be sure we're on track, and we usually are,'' said Ms. Haverland.
The current asset mix is 50% U.S. equities, 15% international equities, 30% fixed income and 5% alternative investments.