Jennifer Cowan leaves Mercer

Jennifer Cowan, who joined Mercer’s global alternatives research unit in 2009 as a senior associate, left the investment consulting company in December as the firm fired people globally to reduce costs.

Cowan was part of a team that conducted analysis of unlisted investments in areas such as private equity and credit. She was responsible for due diligence of firms and their strategies.

Dragana Timotijevic, who is the head of Mercer’s alternatives research unit in Australia, didn’t return calls for comment. Mercer declined to comment. Cowan says she is looking for work.

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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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