J Sainsbury PLC Pension Scheme, London, will invest 5% of plan assets...

J Sainsbury PLC Pension Scheme, London, will invest 5% of plan assets in alternative investments, subject to further research, said Geof Pearson, secretary. He said trustees for the £2.6 billion ($3.8 billion) plan won’t begin manager searches until its investment committee provides a detailed investment strategy. That could take another six months, he said. Frank Russell is advising.