Mercer Wealth Solutions boss departs

The head of Mercer Wealth Solutions, Anthony Lowe, has departed the organisation after a restructure.

Lowe, who ran Mercer’s retail conduit for two years as part of eight years with the firm, said he planned to take some time off, then consider “;various opportunities”; to return to the industry next year. He said there were “;a few changes going on at Mercer Investment Consulting”; and deferred to chief executive Peter Promnitz, who has been unavailable for comment since the middle of last week. Lowe’s role, which oversees the Mercer Super Trust and Mercer Portfolio Service, is not the only current major vacancy at the group. There is no word on a replacement for the head of Australian equities research, Nerida Law, who left for HSBC Asset Management in Hong Kong at the end of October.

, , , , , , , , , , ,

Leave a Comment

‘Bang, fizzle, pop’: AusSuper’s Delaney laments late tilt to AI

The outgoing chief investment officer of AustralianSuper Mark Delaney said one of the biggest regrets he will have as he leaves the $410 billion fund is not going overweight on the AI and digital thematic in public markets sooner, as the nation’s most powerful allocator reflects on the investment case of the technology sector in the superannuation summit in New York last week.

Sort content by