Mercer hires Toby Buscombe from Access Capital

Mercer, the investment services, outsourcing and human resource consulting firm, says it has hired Toby Buscombe to advise its clients on global infrastructure investments.

Buscombe left Access Capital Advisers for Mercer and will be based in London, says Karen Chester, a Mercer partner.

Access Capital chief executive Alexander Austin says Stephen Burns, an eight-year veteran of the firm, has been promoted to lead the firm’s U.K. and European offices and will be head of infrastructure Europe.

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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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