Mercer Sentinel hires two consultants

Mercer Sentinel, the backoffice advisory arm of the Mercer group, has recruited Pushkar Thakur from the retirement, risk and finance side of the company.

In his new role Thakur will concentrate on investment operations and transition management services for Mercer Sentinel.

Before joining Mercer he worked at Macquarie Bank in the real estate investment banking business unit.

Mercer Sentinel has also recently recruited a senior consultant, Matthew Heeney, from AMP Life. He will concentrate on issues associated with custody, valuations and transitions.

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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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