(September 9, 2013) — One of the top global consultants—ranked in aiCIO’s Knowledge Brokers 2012—is to leave Mercer for UK investment giant Schroders next month, the companies have announced.
Divyesh Hindocha is to step down from his role as global head of investment research next month after more than two decades at the firm.
He is to join the largest publically listed asset manager in the UK as global head of product and defined contribution.
He will join Schroders on November 1 and is to report to Massimo Tosato, executive vice-chairman at the firm.
Deb Clarke, who joined Mercer from rival firm Watson Wyatt (now Towers Watson) in 2005, is to take over from Hindocha at Mercer. She has 20 years’ experience as a portfolio manager to assist her in the new role.
Clarke will be responsible for manager research, oversight of the generation of strategic research, and asset allocation.
“The ability to integrate manager research and strategic research has never been more important, given the volatile investment environment,” said Phil de Cristo, president of investments at Mercer.
For this year’s Knowledge Brokers—aiCIO’s ranked list of the world’s leading consultants, published last week—click here.
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