Money Management

Insight Investment picks client director

Marc Pautz was named client director at Insight Investment.

The position is new, a spokeswoman said. Mr. Pautz will be working with clients and their advisers to develop tailored investment strategies.

"First-class professionals like (Mr. Pautz) — with demonstrable expertise drawn from years of industry experience — are fundamental to the success of our client relationships. The strong investment capabilities of our client solutions group, together with the high quality of their direct interaction with clients and prospects, have been major factors in our overall business success," Serkan Bektas, head of Insight's client solutions group, said in a news release.

Mr. Pautz most recently was a partner and defined benefit strategist at Mercer. A spokeswoman could not be reached for comment about a replacement.

Insight Investment has 597 billion ($793 billion) in assets under management.