Mercer expanding multi-manager service
International consultant Mercer says plans are “well under way” to expand its new multi-management service into the UK, Ireland and
continental Europe following its US launch.
The new business will use research into asset managers from Mercer Investment Consulting.
Mercer says its Mercer Global Investments arm has now formally launched in the US, and it has already begun working with a number of major US clients.
“With MGI off to a promising start in the US, and plans well under way for expansion into the UK, Ireland and Continental Europe, Japan, and Canada, we expect this to be an important growth business for us," says Brian Storms, chief executive of Mercer Human Resource
"The global multi-manager market is expanding dramatically, and Mercer is uniquely positioned to build a leading investment platform in this exciting growth segment."