From Yahoo Finance: 2025-05-05 09:44:00

Mercer, a subsidiary of Marsh McLennan, has successfully acquired SECOR Asset Management, a firm specializing in tailored portfolio solutions for institutional clients. The financial details of the transaction remain undisclosed. This acquisition, completed in February, is expected to bolster Mercer’s investment capabilities to better serve its global client base. SECOR, founded in 2010, managed $21.5bn in assets as of September 2024. The integration of SECOR will lead to the formation of a Global Investment Partnerships Group within Mercer, dedicated to providing custom solutions and strategic portfolio management. The move aims to enhance client service and navigate market uncertainties.



Read more at Yahoo Finance: Mercer finalises SECOR Asset Management purchase