Mercer has created a new a position for the post of global CIO of mainstream assets to support its $44 billion investment management business, Financial Standard reports. Russell Clarke, Mercer’s current CIO for Asia Pacific, has taken on the new role.
Clarke will serve across all portfolio management activities with mainstream assets, such as equities, property, fixed interest and multi-asset portfolios within the investment management business. Clarke will work under Mercer’s London-based global CIO, Andrew Kirton.
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