Mercer has been voted Investment Consultancy of the last 20 years by the Financial News, one of the UK’s most prestigious financial magazines. The award ceremony was held on Thursday 26 May 2016 to celebrate 20 years of the magazine’s presence at the heart of European finance. The awards were given to selected companies and individuals in finance to celebrate in two decades of their achievements in the sector.
The Financial News cited Mercer’s Global Investment Manager Database calling it “one of the most powerful tools in institutional manager searches” and noted the company’s purchase of SCM Strategic Capital Consulting which expanded Mercer’s alternative investments expertise.
According to Phil de Cristo, President of Mercer’s Investment business said, “We’re delighted with this recognition. Mercer has continually been at the forefront of developments in institutional investment over the last 20 years, in helping our clients to achieve their investment aims. We have a great team; innovative and collaborative with a clear focus on serving clients”.
Andrew Kirton, EuroPac Investments Leader added: “Looking back over 20 years, Mercer has contributed in a number of key ways to advancing the interests of our clients and the effectiveness of institutional investment. These range from building truly global manager research programmes to uncover the best for our clients, through developing innovative risk management fiduciary services which combat complexity and deliver cost effective investment arrangements. Latterly we have led the industry in researching and consulting on the effects of climate change and sustainability on investment practice – truly groundbreaking and important work.
Mercer’s focus on innovation has seen, in the UK, the launch of Mercer’s SmartDB service featuring a longevity swap with partner, Zurich as well as the launch of the Mercer Pension Risk Exchange an online marketplace aimed at revolutionizing the bulk annuity market for the UK’s defined benefit pension schemes.
The shortlist was decided by the magazine’s editorial team. Category winners are then determined by an independent panel of industry peers voting on those shortlisted. The Financial News provides news and analysis on the City of London and the broader European financial sector. It has 40,000 subscribers.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and careers of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With annual revenue of $13 billion and 57,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer. In the UK, Mercer Limited is authorised and regulated by the Financial Conduct Authority.