Thames Water Utilities, Reading, England, hired Mercer as investment consultant and actuary for its two pension funds with combined assets of £1 billion ($1.5 billion), according to public procurement website Tenders Electronic Daily.
The previous actuary and investment consultant could not be learned by press time. The search began in August.
As of March 31, 2009, the fund invested 59% in bonds, 35% in equities and 6% in real estate, according to the company's most recent annual report.
Further information could not be learned by press time.