Mercer appointed a new leader for its investments business in China to pursue opportunities in retirement, pension planning and ESG.
Daniel Celeghin was named managing partner at money manager strategy consultant Indefi, a new position.
Hub International acquired retirement plan consulting firm IBG Financial Partners.
Hub International has acquired the assets of retirement plan consulting firm Plan Sponsor Consultants.
Kieran Mistry was named head of non-traditional risk transfer at U.K. consultancy firm Hymans Roberson.
Blackstone's Alight Solutions has agreed to go public via a merger with a special purpose acquisition company backed by investor Bill Foley.
With the purchase of Wilshire Associates now completed, its new owners have big plans for the investment consulting and management firm.
Will Martindale was appointed group head of sustainability at Cardano Group.
Meketa has hired Tammy Wood to lead its marketing and business development efforts in a newly created role.
Nick Horsfall and Andrew Drake were appointed managing directors in Redington's investment consulting team.
Conflict-of-interest issues are rising with consultant consolidation, IPOs and the addition of money management.
Despite the volatile start to 2020, institutional assets under advisement grew 3% to $42.65 trillion over the year ended June 30.
The Spokane fund named current consultant Hyas Group as well as NEPC and Meketa as finalists for a new consultant contract.
Frances Beyers was named managing director and head of capital markets at Cliffwater, a new position at the investment consultant.
CC Capital and Motive Partners have agreed to acquire Wilshire Associates, and its top executives are set to resign when the deal closes.
Alternative investment consulting firm Aksia is acquiring real estate consultant Alignium for an undisclosed sum in an all-cash deal.
Goldman Sachs veteran Samantha Davidson was named U.S. leader of Mercer's outsourced chief investment officer business.
David Walker was named CIO of Hymans Robertson, taking over from Andy Green, who remains chairman of the investment committee.
David Bird was named head of DC platform at investment consultant Cardano U.K.
A new factor is developing among consultants in their assessments of money managers due to the coronavirus pandemic.
The remote-working environment is forcing consultants to rethink the way they assess money managers on behalf of institutional investors.
Outsourcing route believed to offer edge during times of volatility and dislocation.
Senior executives and about 70% of other staff at Aon will take temporary pay cuts to help deal with the impact of the coronavirus outbreak.
Industry sources expect upheaval for clients and employees as executives work through Aon's purchase of Willis Towers Watson.
Aon and Willis Towers Watson are to merge their businesses in an all-stock deal set to finalize by mid-2021.