Nuclear Fuel Services Inc., Erwin, Tenn., is looking to add small-cap equities as an investment component of the $50 million pension fund, said Andy Landers, compensation and benefits manager. Currently, the plan has its equity investments in active international and active domestic growth and value midcap styles. An asset allocation study now under way should be concluded by the end of this year.
The fund, which Mr. Landers said is roughly a 50/50 split between equities and fixed income, has a fixed-income portfolio with PIMCO; an international equity portfolio with Templeton; a value equity portfolio with Wellington Management; and growth equity portfolio with Montag & Caldwell. He could not provide further details.