Mercer Wealth Solutions gets new boss

Mercer Wealth Solutions (MWS) has installed David Anderson at the helm, replacing Anthony Lowe who left in December.

At the time of his departure, Lowe said there had “;been a few changes at Mercer”; and deferred to chief executive Peter Promnitz for comment, however Promnitz has been unavailable for comment on the issue. A spokeswoman for Mercer denied there had been a restructure of MWS, saying the replacement was part of the “natural attrition” that occurs in companies. Anderson, formerly a business leader within MWS, now heads the group overseeing Mercer Super Trust and Mercer Portfolio Services in addition to HR services. Meanwhile Mercer Human Resource Consulting has hired a new head of sales and marketing, David Christensen, citing his strategic business and marketing consultancy work with Gravitas Partnership in Hong Kong as the impetus behind the appointment. Christensen, who replaces Stephen Supple, will co-ordinate direct sales to current and new clients and co-ordinate Mercer’s sales functions across all business areas. Elsewhere, Mercer’s new head of Australian equities research is Marianne Feeley, replacing Nerida Law who left Mercer for HSBC Asset Management in late October 2006.

, , , , , , , , , , ,

Leave a Comment

Funds SA goes ‘TPA-lite’ to break free from ‘benchmark slavery’

The $50 billion investment manager for the South Australian state government is moving towards a “lite” version of the total portfolio approach, with chief investment officer Con Michalakis determined not to miss a good investment opportunity just because it doesn’t fit into an asset class bucket.

Sort content by