Investec Specialist Private Bank is to use US
consultant Mercer to provide its high net worth client investment
research.
Mercer employs more than 70 manager research
professionals dedicated to maintaining ratings on more than 5,500
investment strategies.
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Investec will access Mercer’s Global
Investment Manager Database and its Manager Performance Analytics
tool in selecting funds and constructing client portfolios.
Mercer’s head of European wealth management
Michael Curtin said he anticipated a growing trend among private
banks to re-focus on core strengths and seek expert advice via
smart sourcing solutions.
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