- Mercer NZ achieves nearly 60% growth in assets under management in three years, with NZD 1 billion new secured mandates in 2021
- Growing demand for global equities, single-sector funds and private markets
- Mercer’s investment manager search and multi-manager portfolios are a market differentiator for new clients
An increasingly volatile investment environment and the complexity of modern portfolios have resulted in increased demand for external investment advice and management among investors, contributing to an almost 60% increase in assets under management for Mercer New Zealand over the past three years. The company announced today that it has reached a new milestone of NZD 10 billion in New Zealand, with NZD 1 billion of new secure money orders in 2021 alone.
Ronan McCabe, chief investment officer of Mercer New Zealand, said New Zealand asset owners are looking for increased support to implement their investment programs and achieve their investment goals, keeping in mind the actions for many.
“Investors, including institutional asset owners, iwi and foundation clients, family offices and retail members are asking us for more support to meet the challenges of an economic environment. difficult economic. They seek expertise in the execution of their investment strategies, with a keen interest in our range of equity funds, in particular socially responsible global equities, ”said Mr. McCabe.
“We have also seen a growing demand for single-sector funds, with clients seeking dedicated allocations to sectors such as emerging markets and listed infrastructure, in addition to global equities. Our capabilities in the private markets are also attracting investors, notably Private Debt where we recently won a mandate in New Zealand to invest in our Global Private Debt fund.
“Ultimately, clients are looking for diversification, enhanced return opportunities and inflation protection in today’s environment, and they place enormous value in our investment process of building multi-manager portfolios. . With our cutting-edge investment manager research, global investment knowledge and reach, we are able to build portfolios that combine the best investment managers for local investors, ”he said. -he declares.
Mercer recently announced that its global assets under management reached US $ 380 billion.
Mr McCabe said New Zealand’s institutional and retail investors are making it clear that responsible investing is more important than ever for their portfolios.
“The demand for responsible investment options continues to grow. Investors look to us for our global expertise in responsible investing, with ESG becoming a primary focus as they seek to align their portfolios with their values, while ensuring sustainable returns, ”said Mr. McCabe.
Mercer New Zealand CEO Martin Lewington said the company’s rapid growth has been a great result for clients and clients.
“We are always looking to leverage our scale to deliver better value to our products and services for New Zealand institutional and retail investors,” Lewington said.
“We are delighted to have reached NZD 10 billion in assets under management and look forward to continuing to help New Zealanders achieve their investment goals, whether it is building up retirement savings for them. an individual or to achieve the goals of large asset owners, “mentioned.
Mercier believes in building a better future by redefining the world of work, reshaping retirement and investing outcomes, and unleashing true health and wellness. Mercer’s approximately 25,000 employees are based in 43 countries and the company has operations in 130 countries. Mercer is a company of Marsh McLennan (NYSE: MMC), the global leader in professional services in the areas of risk, strategy and human resources, with 76,000 colleagues and annual revenues of over $ 17 billion. dollars. Thanks to its leading companies in the market, in particular Marsh, Guy Charpentier and Olivier Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.mercer.co.nz. Follow Mercer on Facebook
References to Mercer should be interpreted to include Mercer LLC and / or its associated companies.
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