Mercer in Huntsman Tioxide £380m pensions mandate
UK – William M. Mercer has been appointed as investment consultant for the £380m (€608m) combined Tioxide and Huntsman pension schemes.
The Tioxide scheme is a defined benefit (DB) structure which has over 3,000 members and a fund value of £280m, whereas Huntsman, also a DB scheme with over 1,200 members, has a size of £100m. No further details are available.
Huntsman Tioxide is a major producer of titanium dioxide pigments.