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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ART CIO says balance sheet management will reshape super investing

Ian Patrick, chief investment officer of the $370 billion Australian Retirement Trust, says that integrated balance sheet management will “beyond a shadow of a doubt” become a more prominent feature in the superannuation industry as funds grapple with the compounding effects of their growing size, systemic importance and the liquidity needs of servicing a larger cohort of retirees.

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