United Airlines, Chicago, is conducting an asset-liability study of its $7.5 billion pension plan, said Clifford T. Hew, director of pension investments. He said it has been two years since the last study but declined to give further details or comment on the possibility of manager changes when the study is finished at the end of September.
The plan’s asset allocation is 50% domestic equity, 35% fixed income, 10% international equity and 5% private equity. Towers Perrin, the plan’s actuary, is performing the study.
