Caterpillar Fonds de Prevoyance, Gosselies, Belgium, might increase its 30% bond allocation by five percentage points and consider investing in hedge funds. Officials at the 45 million euro ($56 million) pension plan will decide on the fixed-income increase after the plan's board meeting in September, said Alain Pireau, Caterpillar's Benelux tax manager. Funding would come from reducing its equity allocation, currently at 45%. Mercer Human Resource Consulting is assisting. Mr. Pireau said the plan is looking at hedge funds to better balance its portfolio, but would not elaborate.
Caterpillar Fonds de Prevoyance, Gosselies, Belgium, might increase...
Sponsored
White Papers
Sponsored Content
Partner Content