Consultants make the offensive play


On 9 October, Mercer Investment Consulting formally announced the expansion into Europe of its multi-manager business, Mercer Global Investments.

The firm already has approximately $12bn in assets under management globally, including over $500m in the European business.

For Mercer, the launch of a European business would seem to be a natural extension of its global reach. It has now joined the ranks of such industry heavyweights as Russell Investment Group, which has offered a multi-manager

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