Universities Superannuation Scheme Ltd., Liverpool, England, trustees reappointed William M. Mercer as actuarial and investment consultant for four years, following a review that included pitches from rivals Watson Wyatt Worldwide and Hymans Robertson.
David Chynoweth, chief executive officer for the £20 billion ($28.9 billion) fund, said fund officials review professional service providers on a regular basis. No other service providers were under review and no changes to the investment strategy are planned, he added.
