Great Lakes Chemical Corp., Indianapolis, is conducting an asset allocation study of the $100 million pension plan. Newly hired consultant Mercer Investment Consulting is assisting in the study, which will be completed by early February, said Jon Sarn, director of HR services. Mercer is the plan's first investment consultant; plan officials wanted outside advice as they reviewed the plan's asset allocation and investments, Mr. Sarn said.
Mr. Sarn declined to provide the current asset allocation.