Mercer has hired a new head of investment consulting in its Australian branch, as part of its aim to grow the company’s capacity.
Michael Armitage will be leading the consulting team, having worked in the finance sector for three decades.
His career spans across investment strategy research, portfolio management, institutional investment and asset management product development in the US, UK, Hong Kong and Australia.
Simon Eagleton, Mercer’s Institutional Wealth Leader, Pacific, said Mr Armitage’s appointment will strengthen the investment consulting service for clients, and enables Mercer to proactively grow its consulting business.
“As one of very few truly global investment consulting firms, we have the scale and subject matter specialisation to help drive investment success for our clients,” Mr Eagleton said.
“With someone of Michael’s expertise leading the team, we can find more ways to bring these value-adding investment ideas to our clients.”
Mr Armitage said Mercer’s specialist skill-set served its clients well during a time of increasing complexity and challenges.
“Mercer’s broad set of strong capabilities across areas such as investment manager research, alternative investments, responsible investing, investment operations consulting and actuarial services put our clients ahead of the game, enabling more efficient outcomes for members and institutions,” Mr Armitage said.
“I look forward to helping our clients navigate their way through a growing set of complex demands with the support of a highly capable team.”
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].