Rover Group Ltd. Pension Schemes consultant, Bacon & Woodrow, is writing an asset liability study for the £4 billion ($6.6 billion) plan. The study should be completed by the end of the year, said John Suckling, secretary to the pension plans trustee company, Rover Group Trustees. The study will address whether the Birmingham, U.K.-based fund should invest in one or more funds based on the new FTSE multinational series of indexes. Motivating the interest is the pension funds underexposure to U.S. companies, Mr. Suckling said. He added that the new series also allows a more balanced exposure to multinational companies in the same sector. It doesnt make sense to have money in BP Amoco but not in Exxon, he said. It puts all multinational companies in one basket that you can track easily.
Rover Group Ltd. Pension Scheme's consultant, Bacon & Woodrow, is...
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