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.

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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