Mercer continues to bulk up ranks
Mercer Investment Consulting continues with its push into the retail and institutional research markets, adding two more staff to its growing stable of consultants and lifting the teams capacity to almost 70 personnel.
The latest recruits include former Perennial Investment Partners portfolio manager Harry Liem, who joins the group with more than 12 years experience in investment management in Australia, Singapore and the Netherlands.
Also joining the group next week is Giri Rabindranath, moving across from a consultancy position with Counterpoint Research.
Rabindranath is a nine year veteran of the industry and his experience in research, investment management and actuarial and risk management in retail and institutional markets has led to his hiring at Mercer.
“Each will contribute to our advisory capability on the full range of investment decisions, including asset allocation, portfolio construction and manager selection,” Mercer head of investment consulting Tony Cole.
These latest appointments follow Mercers recent snaring of former van Eyk head of quantative research Sidney Wong, who started at the group this week, which is also home to other ex-van Eyk staffers Dragana Timitojevic and Rashmi Mehrotra.
Recommended for you
Licensing regulation should prioritise consumer outcomes over institutional convenience, according to Assured Support, and the compliance firm has suggested an alternative framework to the “licensed and self-licensed” model.
The chair of the Platinum Capital listed investment company admits the vehicle “is at a crossroads” in its 31-year history, with both L1 Capital and Wilson Asset Management bidding to take over its investment management.
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies.
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.