Mercer boosts implemented investment solutions team

10 Feb 2010
Mercer has appointed two new investment specialists to join the implemented solutions team in its Investment Management business.

Niall O'Sullivan has joined the team in Dublin as LDI Portfolio Manager. His primary responsibility will be to oversee the LDI and derivatives-based downside protection funds for Mercer’s Dynamic De-risking Solution (MDDS) in the UK. These funds will form the backbone of the liability and market-hedging strategies for MDDS. He will also have responsibility for existing fixed income portfolios within the Investment Management business.

Mr O’Sullivan joins from QED in Dublin where he was a Principal focusing on solution-driven investment opportunities with banks and insurance companies. Prior to this, he spent four years on the structured business desk at Bank of Ireland Global Markets, focusing on the delivery of derivative-based solutions. In this position, he developed and implemented the bank’s LDI product range, as well as managing its suite of inflation-linked solutions. Mr O’Sullivan has also worked with AIB Investment Managers and J Henry Schroder in the risk budgeting and structured derivatives areas, respectively.

Mercer has additionally appointed Rekha Ravichandran as Implemented Consulting Specialist operating from Mercer’s Leeds and Birmingham offices. She will be responsible for serving clients in the Midlands and North of England, in response to the expanding client base of companies seeking delegated investment solutions.

Ms Ravichandran has re-joined Mercer from KPMG, where she held an investment consulting role with a particular focus on advising on the selection of fiduciary managers. Prior to joining KPMG, she worked for Mercer’s investment consulting business, supporting clients in both London and Leeds.

Tom Murphy, Head of Mercer’s Investment Management business in Europe, commented: “These two specialist appointments provide further strength to our team, following the strong demand we have recently experienced for implemented investment solutions. In Europe, we have secured £2.4bn of additional assets under management over the last year.”