Rohm & Haas Co., Philadelphia, plans on rebalancing its $1.2 billion pension fund later this month or next month, although not by a major amount because the fund is not bumping up against its equity target yet, according to Angus Smith, assistant treasurer, pension investments.
Also, the fund is fairly conservative and has ``a relatively low weighting'' to stocks, Mr. Smith said. The fund had 54% of its assets in equities at the end of September, according to information supplied for Pensions & Investments' survey of the top U.S. pension funds.
