Soft Drink Industry Local 744, Chicago, hired Strategic Capital Investment Advisors as consultant for its $115 million pension fund, said Laurel Scotti, fund manager. She declined to comment on why previous consultant Standard Valuations was terminated.
Ms. Scotti said Strategic Capital should begin an asset allocation study soon, although she declined to comment on the possibility of manager changes. The current allocation is split evenly between equities and fixed-income. She would not provide further information.