Mercer targets Korea build-out after licences approved

Consultancy Mercer has moved to offer investment management and advisory services to a broader range of sponsors and fiduciary clients in Korea after receiving the requisite licences. The firm was awarded discretionary asset management and investment advisory permits last week. It established an advisory business in Seoul in 2009, but until now had been limited to professional investors. Mercer is a business-to-business provider of advice, tools and fund management implementatio…