Mercer opened an investment consulting business in India, researching asset management firms based in the country. Rashmi Mehrotra was named principal and business leader for consulting in India, according to a Mercer news release. Separately, Mercers revenue was $882 million as of Dec. 31, up 14% from three months earlier and 11% higher than a year ago, according to an earnings release from parent Marsh & McLennan Cos. Inc. Revenues for Mercers retirement and investment consulting businesses were $340 million for the quarter, up 16% from the third quarter, and its investment outsourcing business had revenues of $197 million, up 17% from Sept. 30.
Mercer creates India consulting business
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