Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), today announced recent leadership appointments made to accelerate the firm’s growth in the retirement and investments markets across South and East Asia.
Rich Nuzum, President of Mercer’s Wealth Business, said, “As Asia is seeing the largest generational wealth transfer in the world and a large swathe of the population is aging and heading for retirement, Mercer is expanding support in the region to ensure clients can get the expertise they need.”
Janet Li joined Mercer in Hong Kong on 2 January as Wealth Business Leader for Asia. Ms. Li is responsible for leading the firm's wealth advisory and delegated implementation team including Investments and Retirement.
Ms. Li is an industry veteran serving in various leadership roles in the Hong Kong Retirement Schemes Association, the Taiwan Pension Fund Association and the FTSE Taiwan Index Committee. She is also a key supporter of the Cross Straits Pension Forum which aims to promote pension and retirement protection issues in the Greater China region.
Adeline Tan was promoted to Wealth Business Leader for Hong Kong, effective 1 January. Adeline joined Mercer in Hong Kong in 2014 as the Head of Investment Advisory and later expanded her oversight to include Retirement Advisory within Mercer’s Wealth business. In her new role, she succeeds Billy Wong, who has moved to become Mercer’s Health Business Leader for Hong Kong.
Prior to joining Mercer, Ms. Tan was a consultant with Watson Wyatt (now Willis Towers Watson). She began her career advising large UK pension schemes on the funding and risk management of their liabilities, and gained regional experience during a secondment to Shanghai in 2007. During her career Ms. Tan has specialized in the development of long-term investment strategy, asset-liability studies, dynamic de-risking and portfolio construction matters. She has also worked on delivering whole-fund investment solutions to clients who have chosen to delegate a greater part of their investment processes.
Simon Coxeter rejoined Mercer in October 2017 as a Principal in Mercer’s Hedge Fund and Equity Boutiques after leaving in April for a brief period to work at Franklin Templeton Investments. He is based in Singapore and is responsible for evaluating multi-asset and equity strategies and is involved in developing Mercer's intellectual capital.
Mr. Coxeter originally joined Mercer in 2010, prior to which he managed the Singapore operations of a European real estate private equity firm. Before that, he co-founded AsiaSource Capital, an alternatives investment boutique based in Singapore and New York, where he launched and managed an Asia-focused fund-of-hedge-funds.
“We are delighted to welcome new talent to the team and to offer well deserved promotions to long serving stars,” said Lisa Sun, CEO Hong Kong and South & East Asia Zone, Mercer. “Mercer is well placed to attract and retain high caliber talent as it continues to be one of the most sought-after independent consulting firms in the investments and retirement space.”
Mercer’s global assets under delegated management have reached approximately $213 billion USD, solidifying Mercer’s position as the global leader in providing customized strategic investment consulting advice, combined with industry-leading capabilities for delegated implementation. The strength of Mercer’s global investments business was recently recognized by two well-respected publications as the global leader in outsourced AUM . Additionally, in May 2016, Mercer was voted Investment Consultancy of the Last 20 Years by the Financial News, one of the UK’s most prestigious financial magazines.
Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Mercer’s more than 22,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With more than 60,000 colleagues and annual revenue over $13 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.