lawyers weekly logo
Advertisement
Markets
06 November 2025 by Olivia Grace-Curran

ESG investing proves resilient amid global uncertainty

Despite global ESG adoption dipping slightly from record highs, Asia Pacific investors remain deeply committed to sustainable investing
icon

Cboe licence attractive to potential buyers: ASIC

Cboe’s recent success in acquiring a market operation license will make the exchange more attractive to incoming buyers, ...

icon

NAB profit steady as margins tighten and costs rise

The major bank has posted a stable full-year profit as margin pressures and remediation costs offset strong lending and ...

icon

LGT heralds Aussie fixed income 'renaissance'

Despite the RBA’s cash rate hold, the domestic bond market is in good shape compared to its international counterparts, ...

icon

Stonepeak to launch ASX infrastructure debt note

Global alternative investment firm Stonepeak is breaking into Australia with the launch of an ASX-listed infrastructure ...

icon

Analysts split on whether bitcoin’s bull run holds

A further 10 per cent dip in the price of bitcoin after a pullback this week could prompt ETF investors to exit the ...

VIEW ALL

Mercer gears up for growth

  •  
By Alice Uribe
  •  
4 minute read

Mercer plans to hire nearly 90 new staff in its outsourcing business, focussing on sales, operations and member services staff.

Mercer plans to hire nearly 90 staff during 2009, bucking the trend towards hiring freezes and redundancies in the financial sector.

According to Mercer Asia Pacific outsourcing business leader David Anderson, the new hirings will be made across all parts of the Mercer outsourcing business, with an emphasis on sales, operations and member services.

"The underlying message for Mercer is growth and last time I checked it was hard to grow unless you have good quality sales professionals working on your team and that's what we're adding," Anderson said.

During 2009 Mercer hopes to expand their multi-employer industry plans and corporate master trust businesses

 
 

Anderson said there were plans to appoint two senior sales professional within the next six weeks.

"In one case we have a verbal agreement and in the other we're working towards that contract," Anderson said.

In November, Mercer appointed Heather Dawson as outsourcing sales leader for Australia and Alex Kleiman as outsourcing sales and marketing manager for multi-employer (industry) plans.

"Mercers appointment of such experienced business development executives will accelerate our growth in this exciting and increasingly important market segment," Anderson said.

Mercer's outsourcing business has $40 billion in funds under administration and provides services to 650,000 super members and 20,000 private clients.