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.
19 December 2006 00:00
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Investments
Asset managers that underestimate the importance of artificial intelligence to their businesses do so at their own peril, according to Anton Eser, global chief investment officer of Robeco, who thinks that many have less than a year to get across the “most important transformation” the industry has seen since the beginning of the index business more than 25 years ago.
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