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
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
