Former BGI, McKinsey chiefs launch new boutique

“But we always wondered if we could apply some of the ideas of industrial economics to investment management,” Bowers said.

Some decades later, instead of stepping down from full-time work and playing golf instead, they are co-founders of a funds management venture whose investment thesis is based on this academic field.

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Mercer Super expands into frontier market debt, builds out PE program

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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