Tony Cole
First China. Now India. Mercer has expanded its investment consulting business into the sub-continent.
After establishing its presence in China a few months ago, ’Mercers business leader in the Asia Pacific, Tony Cole, said expanding into India was a natural progression for the business.
“As India opens up and invites more foreign investors, it follows that our business establishes a presence on the ground to research investment opportunities for our global institutional and retail intermediary clients,” he said.
Cole said Mercer’s local presence would also help it evaluate the effect the growth of India would have on the performance of other asset classes.
He said that as part of the launch in India, Mercer had appointed two research analysts in Mumbai and was planning to hire additional local analysts with experience in alternative asset classes.
Cole said that Rashmi Mehrotra had been appointed Mercer’s business leader for investment consulting in India and head of the retail services unit for Asia Pacific.
