The firm is set to announce new responsibilities for Deborah Bannon, Garry Hawker and Michelle Ng in Asia following its global restructure, saying it is looking for some stability.
The consultancy has streamlined its focus to include growth markets and reshuffled its management team. Asia-Pacific investments leader Stephen Roberts departs.
The consultancy appoints former AIG staffer Gaurav Garg in a global role to lead sustainable growth across Asia, Middle East, Africa and Latin America.
The withdrawal of banks from lending activity is creating new ways for investors to take advantage of distressed or restructuring stories, in Asia as well as the West, says Mercer’s Ray King.
The firm looks to a new growth phase after receiving AM and advisory licences in Seoul and eyes a tie-up in Japan. It is also upping marketing of its wealth management offering.
Asia chief investment officer Russell Clarke will assume a newly created global CIO role in London and is replaced by senior portfolio manager Andrew Howard.
The firm is placing country heads in Korea, Hong Kong, Tokyo and Singapore as it strives to expand its multi-manager offering to large institutional clients across the region.