Mercer Fund Of Funds Manager Returns To Research

Feb 6 2009 | 12:00am ET

Robert Marsden has left his post managing a Mercer fund of hedge funds after 18 months to go back to investment research.

Marsden, who is remaining with Mercer, had been managing some of the firm’s new multi-manager services, including the year-and-a-half-old Diversified Alpha Fund. The multi-manager business was formerly known as Mercer Global Investments.

Marsden’s departure from the multi-manager services side leaves the growing business in need of new help, and the firm plans to hire three people to join the team in the next six months, according to Investments & Pensions Europe.

“One of the areas we are hiring in is in the alternatives space, not only in the alpha space, but we will also look at alternative beta such as infrastructure, commodities, emerging debt,” Tom Murphy, European head of investment management, told IPE. “We are working with two or three pension funds who are looking to invest.”

One of the new hires will focus on expanding the multi-manager services into alternative beta. The firm has already made one hire, with the other two expected shortly.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...