Mercer ‘Highly Recommended’ as Lonsec reaffirms rating

Mercer ‘Highly Recommended’ as Lonsec reaffirms rating

Mercer ‘Highly Recommended’ as Lonsec reaffirms rating

  • 13 September 2012
  • Australia, Melbourne

It’s an even half dozen for the Mercer Multi-Manager Funds, which have again been rated ‘Highly Recommended’ by independent research house Lonsec for the sixth consecutive review. 

“We are the only multi-manager fund provider to be rated consistently at the highest level by Lonsec over the past six reviews,” said Simon Eagleton, Leader of Mercer’s Investments business in Australia & New Zealand. 

“We are delighted that Lonsec continues to acknowledge the quality of our underlying investment structures and our strong competitive advantages in people, process and fund design,” he said.

The ‘Highly Recommended’ rating is only granted where “Lonsec has high conviction that the fund or product can achieve its objectives and, if applicable, outperform peers over an appropriate investment timeframe.”

“The rating is a reflection of Lonsec’s continued conviction in the quality and experience of Mercer’s Australian Investment Team, their extensive research (supported by Mercer’s Manager Research Boutiques), an innovative approach to portfolio construction and the continued evolution of the Funds,” stated Lonsec in its latest Fund Review of the Mercer Multi-Manager Funds (September 2012). 

“Lonsec also noted that “Mercer has formally established Specialists Teams by asset class and specialist service to incorporate ‘Best of Mercer’ thinking into client focused solutions and portfolios.  The Specialist Teams comprise members from investment management, research, consulting and client teams across the Mercer group.”

Mr Eagleton said the establishment of the Specialist Teams enables Mercer to better share and promote the strength of its regional, as well as global, expertise to deliver tools, research, advice and solutions to clients. 

“Our more integrated structure is being received very positively by clients. While the focus of the Lonsec review was on portfolio management, it really is a reflection of our ‘Best of Mercer’ thinking across the entire continuum of investment services and solutions we offer the market, which manifests itself in the quality and integrity of the Mercer Multi-Manager Funds,” Mr Eagleton said.

The Lonsec rating (assigned September 2012) presented in this document is published by Lonsec (who is Lonsec Limited ABN 56 061 751 102 AFSL No. 246842 and Lonsec Research Pty Ltd ABN 11 151 658 561, Corporate Authorised Representative of Lonsec Limited). The rating is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to “General Advice” and based solely on consideration of the investment merits of the financial product(s). It is not a recommendation to purchase, sell or hold the relevant product(s), and you should seek independent financial advice before investing in this product(s). The rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.

About Mercer

Mercer is a global leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 55,000 employees worldwide and annual revenue exceeding $12 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. Follow Mercer on Twitter @MercerAU @MercerInsights