Mercer, a global consulting leader in advancing health, wealth and career, and a wholly owned subsidiary of Marsh and McLennan Companies (NYSE:MMC), has reinforced its commitment to grow its investment consulting capabilities for the benefit of clients with the appointment of Michael Armitage as Head of Investment Consulting.
As part of Mercer’s Institutional Wealth team, Mr Armitage will lead Mercer’s investment consulting activities in Australia.
With a career spanning three decades, Mr Armitage has strong experience in investment strategy research, portfolio management, institutional investment and asset management product development across the US, UK, Hong Kong and Australia.
Simon Eagleton, Mercer’s Institutional Wealth Leader, Pacific, said Mr Armitage’s appointment strengthens the investment consulting service for clients, and enables Mercer to proactively grow its consulting business.
“As one of very few truly global investment consulting firms, we have the scale and subject matter specialisation to help drive investment success for our clients. With someone of Michael’s expertise leading the team, we can find more ways to bring these value-adding investment ideas to our clients,” Mr Eagleton said.
Mr Armitage said Mercer’s specialist skill-set served its clients well during a time of increasing complexity and challenges.
“Mercer’s broad set of strong capabilities across areas such as investment manager research, alternative investments, responsible investing, investment operations consulting and actuarial services put our clients ahead of the game, enabling more efficient outcomes for members and institutions. I look forward to helping our clients navigate their way through a growing set of complex demands with the support of a highly capable team,” said Mr Armitage.
Mercer delivers advice and technology-driven solutions that help organisations meet the health, wealth and career needs of a changing workforce. Across the Pacific, organisations look to Mercer for global insights, thought leadership and product innovation to help transform and grow their businesses.
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 more than 65,000 colleagues and annual revenue over $14 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 www.mercer.com.au.