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Money Management

Mercer taps Future Fund veteran for new role in its delegated solutions business

Campbell McCulloch will join Mercer Investment Consulting in Melbourne as head of fund implementation, delegated solutions Pacific, covering Australia and New Zealand.

The position is the first to be filled of three new senior leadership roles being established to replace Phil Graham, the business's long-time deputy chief investment officer, who has retired from the firm, a Mercer spokeswoman said.

The other two new roles are head of investment strategy and head of portfolio management.

Mr. McCulloch will be responsible "for leading the implementation of investment decisions for the Mercer Pacific Funds," according to a Mercer news release.

Mr. McCulloch will come to Mercer during the fourth quarter of 2018 from the Future Fund, the Melbourne-based A$141 billion ($103.1 billion) sovereign wealth fund, where he served as head of investment operations.

A Future Fund spokesman said he has no details to offer at this point regarding plans to fill that position.