Food & Commercial Workers, Local 1059, Columbus, Ohio, is conducting...

Food & Commercial Workers, Local 1059, Columbus, Ohio, is conducting an asset allocation study that could result in new asset classes being added, said David McAllister, director of financial operations. The defined benefit plan has $480 million in assets. The current mix is 69% domestic equities and 31% domestic fixed income. The study is expected to be completed by November. Separately, Mr. McAllister said, Marquette was hired to replace Hamilton, which rebid, as consultant, due to personnel changes at Hamilton. James Hamilton, president of Hamilton, said, "If they want to go with Marquette then that’s their choice. I hate to see them leave us, but that’s life.’’