Aon consultant walks to Watson Wyatt

Watson Wyatt has tapped Aon Consulting for a senior asset consultant.

Andrew Povah recently joined the Sydney office of Watson Wyatt from Aon Consulting, where he fulfilled roles in Australia and the United Kingdom. At Watson Wyatt, he will be responsible for advising institutional clients on a range of matters, chiefly strategic asset allocation and manager structure. Povah has worked in the superannuation and investments industry for more than nine years, and became a Fellow of the Institute of Actuaries in the UK, specialising in investments, in 2006. The headcount of Watson Wyatt’s global investment corpus has grown considerably in recent months and is now one third larger than it was 18 months ago.

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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