20 September 2011 00:07
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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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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