John Frede was promoted to head of U.S. investment manager research by Mercer Investment Consulting Inc. Based in Chicago, Mr. Frede will lead a team of 15 research consultants and analysts that provide manager research for 450 clients with nearly $700 billion in assets under management. Mr. Frede was senior manager and research consultant with a focus on fixed income and hedge fund managers. He will continue to chair the U.S. strategic research committee and said he will remain lead analyst on hedge fund managers for the time being.
Mr. Frede replaces Brian Collins, who is joining Harbor Capital Advisors Inc., Toledo, Ohio. John Hoff, a Harbor Capital spokesman, would only confirm that Mr. Collins is joining as a senior executive and will be based in Chicago.