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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Investments
The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.






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