Mercer has set up an investment management (IM) business in Korea to boost its financial services division, Asia Asset reports. The new operation has been established to help local investors benefit from global investment opportunities.

This operation seeks to support Mercer’s soon-to-be-introduced range of financial services for Korean institutional investors, multinational pension plans and Employee Retirement Security Act vendors. Among others, the services would include, research and advice, and actuarial valuations.

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