Mercer Strengthens Wealth Team with Appointment of Portfolio Specialist

29 May 2019

Hong Kong, Hong Kong

Mercer, a global consulting leader in advancing health, wealth and career, and a wholly owned subsidiary of Marsh and McLennan Companies (NYSE: MMC), has further strengthened its portfolio advisory and technical capabilities with the appointment of Richard Tan to the role of Portfolio Specialist, Asia.

With 25 years’ experience in investment management, Mr Tan joins Mercer from Willis Towers Watson where he was the firm’s Head of Private Markets and, most recently, Head of Research for Asia.

Prior to this, he spent eight years as a co-founder of a Pan Asian private equity fund, where he gained extensive experience in capital raising, managing investment portfolios, and conducting due diligence, among other skills.

Mercer Asia CEO Renée McGowan said Mercer’s client base was looking for the technical expertise to help them build stronger portfolios.

“Over the years we’ve established a core business in investment management and manager selection. We’re becoming increasingly recognized for this in the market, and, as a result, have experienced significant growth in our delegated asset management business, implementing investments for clients via our multi-manager fund offering,” Ms McGowan said.

“Richard’s appointment strengthens our ability to lead and influence the development of new investment portfolios for increasingly diverse markets, to the benefit of our clients. He will lead our clients’ portfolio construction across asset classes and public and private markets,” she said.

Mercer Asia Wealth Business Leader Janet Li said as the investment environment and products become more complex, clients have become increasingly sophisticated. 

“Finding the right talent is key for us to continue adding value to clients and staying ahead of the curve,” said Ms Li.

“In this is newly created position, Richard will bring Mercer’s wide suite of investment capabilities together for clients via our enhanced portfolios. Richard’s expertise further boosts the capabilities of the Wealth team in the region to deliver even better outcomes for our clients. We are thrilled to have Richard joining us,” she said.

Mr Tan said Mercer’s specialized capabilities and scale were particularly advantageous for clients.

“Against the backdrop of challenges in the current investment environment, finding the right partner with the appropriate skill-set can make all the difference for the outcome of a client’s portfolio. Mercer’s scale not only enables clients to tap into our global and regional expertise but also opens the door to greater investment diversification and cost efficiencies. I’m excited to join a team that is the recognized leader in investment consulting and delegated asset management,” said Mr Tan.

Mr Tan joined Mercer in May 2019 and is based in Hong Kong.


About Mercer

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 23,000 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 75,000 colleagues and annualized revenue approaching $17 billion, through its market-leading companies including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit