Watson Wyatt snaps up Intech CIO

Christine St Anne

Mon 03 Dec 2007

Investment consultant Watson Wyatt has hired Hugh Dougherty from rival Intech as a senior consultant to its Australian practice.

Dougherty was hired by Intech in 2004 and worked as the company's head of research and chief investment officer.

He quit in July and was replaced as CIO by Intech founder Ron Liling.

Dougherty has also had spells at Merrill Lynch and AMP Financial Services.

In the past seven months, Watson Wyatt has hired four people to its investment consulting practice and transferred two people from its global office to work in Australia.

The team now comprises 27 people.