Northern Trust Hires Ex-Mercer Exec, Behavioral Finance Expert
Northern Trust Asset Management has hired former Mercer and World Bank executives to help build out its retirement solutions business.
New Hire Roundup: Mercer Investments Adds 4
Also in personnel moves, Cathy Clauson joins AssetMark, and Tonnie Wybensinger joins the Financial Services Roundtable.
New Hire Roundup: IMCA Announces 2014 Board
Also this week, Celine Colgan joined the Presidio Group, Girard Securities welcomed David Bombart and National Planning Corp. promoted Scott Montgomery.
New Hire Roundup: HighTower Expands Development Team
This week in new hires, HighTower welcomed Thomas Brown and Frank Epinger to its development team. Citibank named Mark Mason private bank CEO and Jane Fraser CitiMortgage CEO.
Alternatives Saw Biggest Drop in Asset Management Fees in 2012: Mercer
"Demand for active management may well fall off a cliff" as defined contribution plans overtake defined benefit pensions, a Mercer consultant says.
Record Pension Gap Threatens 2013 Company Earnings: Mercer
Falling interest rates were the cause of pension plans’ losses despite overall annual asset growth of approximately 16% in the stock market.
Mercer Completes Hammond Associates Acquisition
Mercer aims to lead ‘investment consulting for endowments, foundations, private wealth and health care.’
Focus Can Freshen Funds of Funds
Hedge fund returns have been hit or miss lately--and funds of funds are no exception--but investors don't necessarily have to ramp up leverage to boost performance, according to Mercer Investment Consulting.
Hedge Funds' Institutional Potential Leans on Funds of Funds: Mercer
CHICAGO (HedgeWorld.com)--Investment consultants have kept constant watch over the growth of hedge funds in recent years. Mercer Investment Consulting US now is providing its commentary on hedge funds' "institutionalization" dilemma and the greater role of funds of funds in institutional allocations. The firm says that while specialist firms still tend...
Hedge Fund Researcher Promoted at Mercer Consulting
CHICAGO (HedgeWorld.com)--John Frede will become head of U.S. investment manager research at Mercer Investment Consulting on April 30. In addition to his new duties overseeing the...