New Trends module provides real time trends in manager searches and fees
Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC) today announced a major enhancement to its MercerInsight platform, the development and launch of a new Trends module.
By providing quarterly manager search activity reported by Mercer consultants and real time data for fees, the Trends module enables institutional investors and asset managers to:
Gain insight into the investment mandate activities of Mercer’s institutional clients and search trends around the world.
Compare fees to those of other investment managers in aggregate by asset class, vehicle type, account size, among other data.
MercerInsight is a cloud-based platform for institutional investors and asset managers that houses quantitative and qualitative data from Mercer’s global investment research team.
“The depth and breadth of our research and data products are ever evolving and improving, as we aim to provide the information that supports the dynamic, fast paced nature of our clients’ business.” said Deb Clarke, Global Head of Investment Research at Mercer.
“Investment managers are often interested in understanding how the fees they charge for their products compare to those of similar products offered by their competitors. Asset owners also want to know how the fees they are paying fare against those of other providers. This new Trends module was developed with these needs in mind.” added Cara Williams, Global Head of Wealth Management and Technology Solutions.
The Trends module provides data on investment mandate hiring patterns of Mercer’s institutional clients, which in turn represents search trends in markets across the world. The Trends module is updated on a quarterly basis with investment manager searches performed by Mercer, and enables users to manipulate aggregate data, and create bespoke reporting and filtering. Data goes back to 2006, allowing users to perform long term trend analyses.
The fee information in the Trends module is updated in real time; as soon as an investment manager updates their fees on the database, new information is generated.
For both fees and searches, MercerInsight Trends module users will be able to produce customized charts and tables. For searches, users will have the ability to aggregate and filter or split the search information by a client’s location or by asset class. Fee information can be aggregated and filtered and cut by vehicle type, asset class or fee currency. All analytics, charts and tables can be downloaded to Excel, should users wish to perform further analysis on the data.
MercerInsight’s powerful platform provides global, comprehensive coverage of the products available to institutional investors and the ability to view a wide range of information, from quantitative analysis on performance and holdings data to the ratings and recommendations from Mercer’s global manager research boutiques (composed of more than 100 staff). MercerInsight, with insights and analytics on 5,800 managers and 25,000 strategies, enables users to review requests for proposals; evaluate managers for selection exercises and due diligence purposes; compare investment manager fees, understand trends in investment manager searches; conduct in-depth quantitative analysis; view holdings based analysis and access to detailed top to bottom operational risk assessments.
Clients using MercerInsight include pension plans, public plans, endowments and foundations, insurance companies, multimanagers and wealth management firms among others.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and careers of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With annual revenue of $13 billion and 60,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Marsh, a leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.
MercerInsight is provided by Mercer Investment Consulting LLC.