Mercer welcomes $1.9bn BT portfolio from Westpac
The investment manager has successfully transitioned BT’s Private Portfolio Management arm to Mercer from Westpac Group and announced its new name.
Source: moneymanagement.com.au
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Pengana appoints Mercer for private credit arm
Pengana Capital has appointed Mercer as an investment adviser on the portfolio construction for its new private credit arm.
Source: moneymanagement.com.au
Marsh McLennans Mercer signs Management Transition Agreement for BT Private Portfolio Management
Mercer a business of Marsh McLennan NYSE MMC and a global leader in redefining the world of work reshaping retirement and investment outcomes and unlocking real health and wellbeing announced today that an agreement was reached with Westpac Group to transition BTs Private Portfolio Management PPM business to Mercer.
Source: businesswireindia.com
Mercer to own BT's $1.9bn portfolio management service
BT’s Private Portfolio Management business will transition to Mercer later this year, following the acquisition of Advance Asset Management and the transfer of BT Super.
Source: moneymanagement.com.au
Mercer scoops up third BT business unit
Mercer announced it will acquire BT Private Portfolio Management for an undisclosed amount after it finalised the transition of the superannuation and asset management units.
Source: financialstandard.com.au