UPS is looking for smart beta to deliver

[Returntosender]

http://www.pionline.com/article/20140721/PRINT/307219976/ups-is-looking-for-smart-beta-to-deliver#

The $28 billion United Parcel Service Inc. defined benefit plan has taken smart beta to a new level, allocating 40% of the equity portfolio to the alternatives to market-capitalization indexes

 

[Catatonic]

It appears UPS is hoping to reduce volatility and eliminate the need to provide additional funding for pensions in a down market and soft economy.