Paul Wharton joined Russell Investments as a director on the fiduciary management team, a spokeswoman said.
Mr. Wharton takes on responsibilities as part of the $244 billion money manager’s plans to grow its fiduciary management, or outsourced CIO, business, she said.
Mr. Wharton reports to Sarah Leslie, head of fiduciary management.
He was head of the U.K. client team for fiduciary management at Mercer. A Mercer spokesman said his responsibilities are being taken on by a colleague, whom he did not identify.