In this episode of Critical thinking, Cara Williams, Senior Partner and Global ESG and Sustainability Leader at Mercer, is joined by Lovey Sidhu, Sustainable Investment Specialist in Mercer's Global Strategic Research Team, and Daniel Klier, CEO of South Pole, to explore the dynamic challenges and potential opportunities in the evolving carbon market.


The discussion addresses the elements needed for carbon markets to function effectively, the importance of identifying high-quality projects, and the outlook on carbon markets as they mobilize private capital for climate action over the coming years.


Citations:
European Commission. What is the EU ETS? 2024.
Reuters. Voluntary carbon markets set to become at least five times bigger by 2030, January 2023.
Mc Kinsey. A blueprint for scaling voluntary carbon markets to meet the climate challenge, January 2021.
Bloomberg. New energy finance on future demand scenarios, February 2024.


This content is for institutional investors and for information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial situation. If you require advice based on your specific circumstances, you should contact a professional adviser. Opinions expressed are those of the speakers as of the date of the recording, are subject to change without notice and do not necessarily reflect Mercer's opinions.
This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.
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Navigating the challenges of modern pension provision requires employers to effectively communicate and implement changes in pension plans while keeping employees' best interests at heart.

In this episode hosted by Mercer's Tej Patel, Fiona Brown shares her own views on the evolving landscape of employer retirement offerings, based on her decades-long experience in the sector, most recently at Rolls Royce. Key insights include redesigning plans to make them future-fit, ensuring employees feel financially secure as they plan for retirement, and the role of employers in fostering trust.

This content is for institutional investors and for information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial situation. If you require advice based on your specific circumstances, you should contact a professional adviser. Opinions expressed are those of the speakers as of the date of the recording, are subject to change without notice and do not necessarily reflect Mercer's opinions.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

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In our latest episode, recorded at the Mercer Global Investment Forum in Melbourne, Australia, Rebecca Jacques and David Scopelliti are joined by Pengana Capital Group’s CEO, Russel Pillemer to discuss both the challenges and opportunities in the fast-growing private debt space.

They break down the historic drivers of growth in the asset class, and assess its development in Australia, a market in which opportunities to invest in private debt solutions have, historically, been more limited.  

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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Remarkable growth in the captive insurance space has been driven by a range of factors over the recent past  – from an extended hard market to the expansion of risks requiring underwriting.

In our latest episode of Critical Thinking, we dive into the world of captive insurers as William Gibbons is joined by Ellen Charnley, President of Marsh Captive Solutions, and Chris Tschida, Head of US Insurance at Mercer.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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Marsh is a business of Marsh McLennan.

This document and any recommendations, analysis, or advice provided by Marsh (collectively, the “Marsh Analysis”) are not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update the Marsh Analysis and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, tax, accounting, or legal advice, for which you should consult your own professional advisors. Any modeling, analytics, or projections are subject to inherent uncertainty, and the Marsh Analysis could be materially affected if any underlying assumptions, conditions, information, or factors are inaccurate or incomplete or should change. Marsh makes no representation or warranty concerning the application of policy wording or the financial condition or solvency of insurers or reinsurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Although Marsh may provide advice and recommendations, all decisions regarding the amount, type or terms of coverage are the ultimate responsibility of the insurance purchaser, who must decide on the specific coverage that is appropriate to its particular circumstances and financial position.

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Copyright © 2024, Marsh LLC. All rights reserved.

Join Amit Popat, Eryn Bacewich and Joshua Zwick as they unpack the findings from our Mercer and Oliver Wyman 2024 Global Insurance Investment Survey in the latest episode of Critical Thinking. 

They dive into the key investment themes, outlook and risks highlighted by the survey and assess the road ahead for insurance portfolios through the second half of the year.


Read the full survey report here: https://www.mercer.com/insights/investments/market-outlook-and-trends/Global-Insurance-Investment-Survey/


Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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Market volatility, higher rates and an ageing population are creating a complex and rapidly evolving landscape for US pensions.

Rich Nuzum, Scott Jarboe and Kelly Henson help us unpack how these complex and converging risks are playing out across US defined benefit and defined contribution plans in the latest episode Critical Thinking recorded at the Mercer Global Investment Forum in Nashville.


Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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Higher for longer interest rates are having profound effects on endowment and foundation portfolios across the US.

The volatility this creates is making it more challenging to construct portfolios for the long-term and creating questions around liquidity management.

Bill Burns and Meggan O'Shea join Texas Hemmaplardh in the latest episode of Critical Thinking recorded from the Mercer Global Investment Forum in Nashville, to discuss how these investors are navigating regime change.


Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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What goes into selecting the best hedge fund managers and when you find them how do you gain access to these “unicorn” managers that are often closed to new investors.

Niall O’Sullivan and Dave McMillan join Raelan Lambert to explain Mercer’s approach in our latest episode of Critical Thinking recorded at the Mercer Global Investment Forum in Nashville. 

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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Amid market volatility, we believe agility as a driver and enhancer of performance – has become the key attribute in building portfolios.

However, not all volatility warrants the same responsiveness. Olaolu Aganga and Jay Love join Marc Cordover in our latest episode of Critical Thinking recorded at the Mercer Global Investment Forum in Nashville to help us pick out the signal in all the noise. 

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

In this episode, Mercer's Michel Meert is joined by colleague Johnny Adji and Andrew Hunt from Marsh. Together, they delve into the world of alternative investments for Single Family Offices (SFOs), exploring the latest trends and strategies that are shaping this dynamic landscape.

During their discussion, they shed light on the strategic asset allocation of long-term investors, providing insights into how SFOs can navigate private markets, including the ever-evolving realm of private equity. They emphasize the role of diversification in investment portfolios and share thoughts on managing risk in private equity investments.

They also explore the growing emphasis on sustainability among the new generations within these families and highlight how private markets have potential when implementing sustainability strategies.

Listen to the full episode to discover more.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


In this episode, Gregg Sommer is joined by colleagues Marieke de Roo and Casey Wamsley to discuss alternative investments in the wealth management space. Together they explore the democratization of private markets, the importance of education, and the due diligence process. They also discuss the potential opportunities in hedge funds and the role of technology in accelerating growth in alternative investing.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


In this episode, Orla Aherne sits down with Ronan O'Gara, Head Coach at La Rochelle and former professional rugby player as he shares his insights, experiences, and lessons learned on and off the field.

Together with Mercer’s Michael Lernihan, they share their perspectives on leadership, teamwork and achieving success in a competitive environment.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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In this episode of Critical thinking, Amit Popat, Global Head of Financial Institutions at Mercer, is joined by David Morrow, European Insurance Proposition Leader, and Stephanie Thomes, a Senior Investment Strategist in Mercer’s Insurance team, to explore Mercer’s outlook for insurers in 2025. This year’s paper reflects a transitional phase for the economy, defined by shifts in structural factors such as monetary policy, geopolitical uncertainty, and technological and regulatory innovation that requires a broader and longer perspective. These challenges will require thoughtful navigation, particularly for investors with a longer-term investment horizon, such as insurers. 

Key takeaways include: 

• How investment risk can serve as a stabilising force for insurers: When underwriting results are under pressure from increased claims and reduced premium income, investment risk can be strategically advantageous because there’s limited correlation between economic cycles and underwriting cycles. While underwriting performance is influenced by market conditions and competitive dynamics, investment returns can provide a stabilizing effect.  
• What strategies insurers can adopt to navigate a challenging environment, where recent fluctuations in interest rates have affected bond-oriented portfolios: There is considerable uncertainty about the direction of travel for markets in general, so insurers should consider modelling how their portfolios would perform under various scenarios, and to increase diversification, within the confines of acceptable risk and regulatory capital constraints.  
• How the growing number of semi-liquid and evergreen fund structures in private markets is changing the landscape for insurers: As private markets continue to evolve to meet the news of their investor base, semi-liquid and evergreen funds make it easier for small investment teams to participate in private markets, making it easier to maintain a target percentage allocation, relieve some of the administrative and operational burden of re-ups, and can relieve blind pool risk.  

This content is for institutional investors and for information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial situation. If you require advice based on your specific circumstances, you should contact a professional adviser. Opinions expressed are those of the speakers as of the date of the recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract. 

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Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


Join us as Eimear Walsh, Head of Investments for Europe, takes you live to the Mercer Global Investment Forum in Dublin, where we dive deep into the world of Private Markets. 

The growth of private markets presents a multitude of possibilities, but success can hinge on adaptability and the ability to seize the right opportunities. Navigating this arena requires agility, a keen eye for identifying the most promising prospects and the ability to thrive in a competitive environment. 

In this episode, Eimear is joined by Mercer colleagues David Scopelliti and Michael Butler and together, they walk us through the opportunities in the private markets landscape and what it means for different types of investors. 

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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 © 2024 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


Join us as Mark McNulty, Europe Wealth Leader, takes you live to the Mercer Global Investment Forum in Dublin to discuss the theme for this year’s Forum "An Age of Agility." 

In this episode,  Mark is joined by Mercer colleagues, Garvan McCarthy and Jo Holden to explore the key findings from our recent Themes and Opportunities 2024 report and  discuss the strategies and insights that could help investors in this age of agility.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2024 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


In this episode, our host Mark McNulty, Europe Wealth Leader, takes you live to the Mercer Global Investment Forum in Dublin. Together with Rich Nuzum and Jo Holden, they explore the impact of misinformation and disinformation on the investment landscape. 

Misinformation was identified as the number one risk in the World Economic Forum's Global Risks Report*, making it a topic that demands our attention. Join us as we delve into the challenges of quantifying and assessing these risks in the investment sphere, especially in the face of rapidly evolving information flow and the integration of AI in investment processes.

*https://www.weforum.org/publications/global-risks-report-2024/ 

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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 © 2024 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

In this episode, Global Alternatives Leader Raelan Lambert is joined by three esteemed guests: Billy Charlton, who shares his thoughts on the private equity perspective; David Scopelliti, who provides insights on private debt; and Dave McMillan, who discusses the implementation of hedge funds in portfolios. Together, they offer an overview of the Alternative investment landscape and discuss the top considerations for investors in 2024.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2024 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


In this episode, Texas Hemmaplardh, US Not-for-Profit Investment Leader is joined by Olaolu Aganga, US Chief Investment Officer and Shane Brereton, Senior Investment Consultant, Australia to discuss the critical issues facing Endowment and Foundation (E&F) investors around the world and share practical takeaways for E&Fs navigating the ever-changing investment landscape.

Together they also explore the challenges and opportunities that arise from the dynamic nature of long-term investing, including the impact of inflation on long-term investments, the role of private and unlisted assets in portfolio diversification and aligning investment objectives with changing market conditions.  


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2024 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

Following the 2024 World Economic Forum in Davos, Pat Tomlinson, President at Mercer and Nick Studer, CEO of Oliver Wyman joined Amy Barnes, Head of Sustainability and Climate at Marsh, to unpack some of the key themes emerging on the ground. 

They discuss why companies need to be more competitive in a more muted growth environment; how health access has become a priority topic for an increasing number of employers; and why companies need to think more about political risks going into 2024.

 
You can find all the reports mentioned in this podcast at Marsh McLennan’s website at www.marshmclennan.com.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2024 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

In this episode we explore the intersection of diversity, equity, and inclusion in supply chains and delve into the crucial role that DEI plays in shaping and transforming supply chains for the better. To discuss, Cara Williams, Global ESG and Sustainability Leader for Mercer is joined by Kevin Davidson, Director, Esprit de Corps Consulting Ltd., Phil Styles, Diversity Supply Chain Leader, Mercer and James Crask, Head of Strategic Risk Consulting & Supply Chain Risk Advisory Leader, Marsh. Together they explore the challenges, opportunities, and best practices for creating inclusive and sustainable supply chains that can benefit both businesses and communities.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

 © 2024 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


In the year since the previous COP in Egypt there has been little progress made in scaling adaptation.

To discuss, Amy Barnes, Head of Sustainability and Climate Change Strategy at Marsh is joined by James Crask Head of Strategic Risk Consulting at Marsh UK and Rob Bailey, Partner at Oliver Wyman, specializing in climate and sustainability.

Together they share insights into navigating the challenges and seizing possible opportunities presented by climate change. Also exploring how organizations can both build and embrace resilience by anticipating potential disruptions, quantifying risks, and developing response plans.


For more information about Marsh McLennan’s presence at COP28, contact the team at mercerinvestmentsolutions@mercer.com or visit  https://www.marshmclennan.com/pages/COP28.html

Mercer is proud of its ESG commitments, which are reported by Marsh McLennan, as well as its responsible investment policy and TCFD report. 

For further information, please visit www.mercer.com/investing-sustainably or www.marshmclennan.com/about/esg.html 

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.
 

In this episode Helga Birgden and Hill Gaston sat down with Debbie Fielder, Deputy Head of Clwyd Pension Fund to delve into the topic of transition. 

Together, they explore the crucial role investors play in driving the transition to a net-zero economy and how they can effectively manage investment risks, seize opportunities, and seek to mitigate the impacts of climate change.

For more information about Marsh McLennan’s presence at COP28, contact the team at mercerinvestmentsolutions@mercer.com or visit  https://www.marshmclennan.com/pages/COP28.html

Mercer is proud of its ESG commitments, which are reported by Marsh McLennan, as well as its responsible investment policy and TCFD report. 

For further information, please visit www.mercer.com/investing-sustainably or www.marshmclennan.com/about/esg.html 

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


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 © 2023 Mercer (US) LLC. All rights reserved.

In this episode of Critical Thinking, Jo Holden, Global Head of Investment Research at Mercer, is joined by Nick White, Global Strategic Research Director, and Matthew Scott, Strategic Research Principal, to explore Mercer's "Themes and Opportunities 2025" paper, specifically focusing on this year's theme, "Swing State." This concept reflects an economy in transition, driven by shifts in monetary policy, supply chain dynamics, and technological innovation. These forces require investors to adjust their strategies, embracing diversification and preparing for a broader range of scenarios. Key takeaways include: 

• Private Markets De-Siloing: The report highlights changes in private market dynamics, with slower distributions and longer holding periods. There is a growing case for emerging markets (EM) over US investments, signaling the need for broader diversification.
• The security of everything: The interconnection between security and sustainability, rising dissatisfaction in institutions, with increasing political instability requiring careful risk management.
• Circular Economy: The importance of the circular economy, noting its potential to create new investment opportunities as businesses increasingly adopt sustainable practices to minimize waste and maximize resource efficiency.

Citations: Investment consultant of the year & Thought leadership paper on sustainable investing, Global: Mercer :: Environmental Finance

Completing the Picture - How the circular economy tackles climate change.pdf


Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer's opinions. This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract. Read our full important notices - click here

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

Our current long-term views on the world and the potential economic and social developments to watch out for fall into three themes: 

• Regime change — one-off, open-ended paradigm shifts in conditions
• Supercycles — conditions expected to outlast multiple market cycles
• Megatrends — multidecade transitions that are gradually but steadily materializing

In this episode, Jo Holden sits down with Nick White and Matt Scot to explore the themes and opportunities we believe investors should consider in 2024 and beyond.

Read the full report here: https://www.mercer.com/insights/investments/market-outlook-and-trends/themes-and-opportunities/

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.
 

Climate related risks are on the rise globally, with floods that were once considered one-in-200-year events occurring more frequently and impacting both advanced and developing economies. 

In first episode in our COP28 series, Andrew Bailey, Principal in Oliver Wyman's Government and Public Institutions practice sat down with Julian Enoizi, Chief Executive Officer of Guy Carpenter Europe. Together, they delve into the evolving challenges posed by climate change and explore the potential measures that both the public and private sector can take to address these issues.

For more information about Marsh McLennan’s presence at COP28, contact the team at mercerinvestmentsolutions@mercer.com or visit  https://www.marshmclennan.com/pages/COP28.html

Mercer is proud of its ESG commitments, which are reported by Marsh McLennan, as well as its responsible investment policy and TCFD report. 

For further information, please visit www.mercer.com/investing-sustainably or www.marshmclennan.com/about/esg.html 

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


In this episode David Morrow is joined by Tamsin Coleman and Niall Clifford to delve into the world of private credit and its growing interest among insurance companies in today's dynamic financial landscape.

Throughout, they explore the latest developments in the private credit market, discussing the potential opportunities for insurers within this asset class while also addressing the potential challenges they may face, including navigating regulatory intricacies, tackling operational complexities and integrating ESG principles.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

In this episode, we delve into the world of Single Family Offices, each one a distinct entity with its own set of structures, objectives and internal dynamics. To explore, Paul Fleming is joined by Beth Johnson and Michel Meert, as they shed light on the challenges and opportunities that currently define the Single Family Office landscape.

The discussion includes the role of governance, succession planning and the ever-evolving landscape of long-term investment trends, including the adoption of  impact-driven strategies.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

In an era where people are living longer than ever before, it's crucial for businesses, governments, and individuals to rethink their strategies for planning for the later stages of life.

In this episode, we'll be delving into the concept of the longevity economy looking at three fundamental pillars: quality of life, purpose, and financial resilience, presented in the recent report "Living Longer, Better: Understanding Longevity Literacy," a collaborative effort between the World Economic Forum and Mercer. 

To explore these insights, Graham Pearce is joined by Ramsey Alwin, President and CEO, the National Council on Aging, Haleh Nazeri, Longevity Lead at the World Economic Forum and Lin Shi, Global Consultant at Mercer seconded as a fellow to WEF. 

Read the full report: https://www.weforum.org/reports/living-longer-better-understanding-longevity-literacy/

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

In this episode the spotlight is on wealth management, particularly portfolio construction. Conor Power is joined by Marieke de Roo and Rebecca Jacques to explore a fundamental question: How can wealth managers design portfolios that yield better results for their clients? Amid this exploration, a key theme emerges: resilience. While unconventional in portfolio discussions, recent years have seen a cascade of crises—from pandemics to inflation and geopolitical unrest. With this backdrop, we hold a core belief: imminent uncertainties demand preparedness. Wealth managers who infuse resilience into portfolios can navigate risks and seize opportunities ahead, listen to the full episode to find out how.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


Boutros Thiery and Stephanie Thomes speak to Chris Bewley about how rising rates have supported a pivot to fixed income for insurers. After a decade of searching for yield, the asset class is once again an attractive source of income for investors. While rapid rate increases have left some with unrealized losses on existing fixed income allocations, Mercer is supporting those exploring increasingly diverse private markets investments that could offer access to higher durations and higher yields, or free up the liquidity to flex to market conditions as they evolve.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


Mercer's Global Head of Private Debt, David Scopelliti is joined by Joe Abrams, Head of Private Debt, Europe, and Tamsin Coleman, Deputy Head of Private Debt, Europe to explore the current Private Debt landscape. They discuss market evolution and volatility and share insights into portfolio building and considerations for manager selection. Stay tuned to the end for rapid-fire surprise questions from David.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.

Transition, transformation and innovation are the three words top of mind when it comes to Impact Investing right now, but how can investors start to implement Impact Investing into their portfolios?

In this episode, Angelika Delen, Global Head of Impact Investing is joined by Silvia Ruprecht, Senior Policy Advisor at the Swiss Federal Office of Environment and Cara Williams Global, Head of ESG and Sustainability to explore. 

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


The collapse of Silicon Valley Bank (SVB) has unnerved investors across the world, boosting bond prices, knocking equities, and raising fears of contagion. Amid the uproar, Credit Suisse shares crashed then rallied, but the market mood remains febrile. In our special podcast, Jo Holden, Mercer’s Global Head of Investment Research and Advisory, is joined by David Scopelliti, Global Head of Private Debt, and Rupert Watson, Head of Asset Allocation, to discuss the impact of SVB’s failure on private and public financial markets, and whether we believe the turmoil in the banking sector can be contained. Crucially, they explore the vital role of good governance in building resilient investment strategies able to weather an unpredictable future.

This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.

 This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

For the past 16 years, Mercer has been benchmarking retirement systems across the globe. The Mercer CFA Institute Global Pension Index 2024 uses more than 50 indicators to assess adequacy, sustainability and integrity across the world's pensions systems, highlighting their relative advantages and suggested areas for reform.

In our latest episode, David Know, Senior Partner at Mercer, is joined by Holly Verdeyen, US Defined Contribution Leader, Mercer, and Paul Andrews, Global Benefits Consulting Director at Benefex, to discuss how pension providers, policymakers and employers can improve DC retirement outcomes for members.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer's opinions.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract. Read our full important notices - click here

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


Despite the challenging macroeconomic backdrop, there are potential opportunities within Real Estate to gain exposure to trends shaping the future such as affordable housing.


Zeenat Patel, Alternative Investment Director at Mercer is joined by Hannah Marshall, who is responsible for CBRE IM's Pan-European Residential Impact Strategies and Anne Koeman-Sharapova who leads Mercer’s efforts in Real Estate investment and Due Diligence in Europe and the UK to discuss.


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.

 This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


Now, more than ever, investors are seeking to address systemic imbalances by increasing diversity within their organisations and boosting DEI with their investment portfolios. 

To explore how both investors and managers are approaching this, Alexa Shanks, Head of Intermediary Relationships, Mercer UK is joined by Stephen Deane, Portfolio Manager and Partner at Skerryvore Asset Management and Terrance Jones, Manager Research, Mercer US to discuss.


Read the paper: https://insightcommunity.mercer.com/public/research/63ffece10580e800202ee5ea/Mercer_Diversity_Dressing_Progress_evaluation


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.

 This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


We are proud to share our 50th episode of Critical thinking, Critical issues! 

Nature as an ESG theme is rising into prominence and the link between nature and investors’ climate strategies is becoming clearer.


In this episode, Andrew Lilley, Sustainable Investment Head, Continental Europe is joined by Kate Brett, Global Intellectual Capital Lead for Sustainable Investment and Sarika Goel, Head of Sustainable Investment Manager Research to explore the market developments and trends for nature as well as the possible actions for investors today.
 
Read the paper Nature alert - the next major environmental, social and governance (ESG) theme here: https://insightcommunity.mercer.com/public/research/638e8bb28ea0e2002136c5bf/Mercer_Nature_alert_the_next_major_environmental_social_and_governance_ESG_theme_1

This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.

 This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


2022 will go down in history as unpredictable and unprecedented. It started with a lot of optimism, then geopolitical unrest began, inflation took off, markets sold off and the era of cheap money effectively ended.

To make sense of it all, Rachel Volynsky, CIO of Canada and Global Chair of Equities is joined by Rupert Watson, Head of Asset Allocation, Europe and Cameron Systermans, Head of Asset Allocation, Asia.


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.

 This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers based on market conditions as of the date of recording, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


Certain of the information contained in this podcast constitutes “forward-looking statements” that are inherently unreliable and actual events or results may differ materially from those reflected or contemplated herein. No assurances are made as to the accuracy of those predictions or forward-looking statements.


2022 was not a year for bond investors - but with inflation beginning to roll over, a strong start to the year, and bonds now offering the levels of income we  haven’t seen in 20 years, 2023 looks far more optimistic.

Aisling Doherty, Senior Fixed Income Portfolio Manager at Mercer, is joined today by Ella Hoxha, Senior Investment Manager, Pictet Asset Management and Samantha Milner, Head of U.S. Liquid Credit, Ares Management to discuss the outlook across bond markets for the year ahead, and how best to position portfolios to potentially take advantage of current market opportunities.


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.

 This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.


Read our full important notices - click here

 © 2023 Mercer (US) LLC. All rights reserved.

Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.



In this episode, Mercer colleagues and special guest Urs Bolt,  Product Manager in Digital Banking and Wealth Management, come together to discuss the key findings from the 2022 global wealth management investment survey as well as the possible action points to help wealth managers around the world take the next step on their client and growth journey.

Read the survey findings here:  https://www.mercer.com/our-thinking/wealth/global-wealth-management-survey.html



Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.

This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

We recorded this episode as a part of a podcast series on the occasion of COP27. Each episode illustrates the breadth and depth of Marsh McLennan’s climate capabilities. The issues addressed throughout the series include investment transition, the insurance sector’s role in climate adaption, communities and businesses’ exposure to physical risks, and how companies need to address the inextricable link between climate and nature.

Find more information about how Mercer, Marsh and other Marsh McLennan businesses will be addressing these issues at COP27 and beyond, visit https://www.marshmclennan.com/pages/climate-hub.html



Max Messervy Head of Sustainable Investment, Americas is joined by Rich Nuzum, Executive Director, Investments, Global Chief Investment Strategist and Cara Williams, Global Head of ESG and Sustainability, Wealth Management and Multinational Client Lead for Wealth to reflect on what inspired them most at COP27. They also share the key themes that emerged while in Egypt and the lessons that institutional investors should take away following the outcomes at COP27.



Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

We recorded this episode as a part of a podcast series on the occasion of COP27. Each episode illustrates the breadth and depth of Marsh McLennan’s climate capabilities. The issues addressed throughout the series include investment transition, the insurance sector’s role in climate adaption, communities and businesses’ exposure to physical risks, and how companies need to address the inextricable link between climate and nature.


Find more information about how Mercer, Marsh and other Marsh McLennan businesses will be addressing these issues at COP27 and beyond, visit https://www.marshmclennan.com/pages/climate-hub.html



Inge West, Sustainable Investment Specialist in Mercer’s Investment Solutions team is joined by Helga Birgden, Global Chair on Sustainable Investment at Mercer and John Green, Global Chief Commercial Officer of Ninety One, to explore how asset managers are supporting the climate transition and gain practical insights on how global capital can be harnessed to target local climate challenges.  

 
Read the survey findings here https://www.mercer.com/investing-sustainably



Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.



This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.



This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.



As 2022 comes to a close, insurance companies are facing significant price losses across their portfolios, particularly within long-duration fixed income. On the horizon are the risks of a global recession, peaking fundamentals, persistent inflation and energy crises, particularly in Europe.

We recently surveyed the insurance market globally to find out what their key concerns, challenges and opportunities are within their investment portfolios and how they plan to tackle these. With these findings in mind we have produced what we believe should be the top considerations for insurers in 2023.

To discuss the findings and the considerations, Colin Tipping, Global Head of Insurance Solutions is joined by Eryn Bacewich from the US team and William Gibbons from the UK/Europe team.

Read the full paper and survey findings here:  https://www.mercer.com/our-thinking/wealth/insurer-investment-considerations.html


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.



This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


Where are we now as we reach the end of 2022? Economies have overheated and have begun slowing down, with some potentially in recession already. Are we there yet? Will monetary tightening lead to a deep recession? 

Samantha Davidson US OCIO Leader is joined by Rupert Watson, Head of Asset Allocation, Europe and Anthony Brown, Director of Capital markets in the US at Mercer to explore. 

Read the full paper here https://www.mercer.com/our-thinking/wealth/economic-outlook.html



This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

Are you a French speaker looking to deep dive on co-investments and secondary market opportunities? In this first episode in French of the podcast "Critical Thinking," host Matthieu Mougeot is joined by investment specialists Maud-Kelly Crapeau and Pierre Luc Gariépy to discuss the growing interest in private market co-investments and secondary investments. They highlight their shorter investment horizons and potential for quicker capital deployment compared to traditional primary funds. Zooming in on the unique roles these strategies play in enhancing portfolio diversification and aligning interests between investors and fund managers, they also address the specific risks associated with co-investments and secondaries, including the need for in-depth knowledge and robust due diligence processes.

The discussion touches on the increasing sophistication of investors in private markets and the regulatory impacts influencing investment decisions in some jurisdictions, particularly in France. The episode provides with insights on how investors can effectively allocate resources to these asset classes, stressing the importance of working with experienced asset managers to navigate the complexities of private market investments.

This content is for institutional investors and for information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial situation. If you require advice based on your specific circumstances, you should contact a professional adviser. Opinions expressed are those of the speakers as of the date of the recording, are subject to change without notice and do not necessarily reflect Mercer's opinions.

https://www.mercer.com/solutions/investments/important-notices/

Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


2022 will certainly be remembered as momentous, and it may take some time to fully understand the ramifications of the events that occurred this year. Any of these events individually would likely have had a profound impact on markets, both public and private. However, in combination, these events, along with other relevant factors, have certainly pulled the rug out from under markets.

Billy Charlton, Global Head of Private Markets Data Analytics and Research is joined by Amarik Ubhi, Global Head of Infrastructure and David Scopelliti, Global Head of Private Debt to discuss how these significant events are affecting various private market segments and what we expect their ramifications to be in 2023.

Read the paper here https://www.mercer.com/our-thinking/wealth/alternative-investment-considerations.html


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


2022 brought a combination of interconnected challenges for all investors including endowments and foundations, from geopolitical conflicts to high inflation, supply chain problems to financial market volatility.

In this episode, Cori Trautvetter is joined by Gilles Lavoie and Gareth Donegan to explore what we believe are the top considerations for endowments and foundations in 2023. They also explore the approaches that could support endowments and foundations in navigating through them to achieve long-term success, while managing short-term disruptions.

Read the full paper here https://www.mercer.com/our-thinking/wealth/top-considerations-endowments-and-foundations.html


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.


The past decade was one of the best on record for traditional 60/40 portfolios, but a sharp rise in macroeconomic volatility caused this period of success to come to an abrupt halt. 

To explore what effect this has had on financial intermediaries globally, Conor Power is joined by Gregg Sommer and Adeline Tan as they also discuss what we believe are the top considerations for financial intermediaries as we transition into 2023.

Read the full paper here https://www.mercer.com/our-thinking/wealth/top-considerations-for-financial-intermediaries.html


This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here

We recorded this episode as a part of a podcast series on the occasion of COP27. Each episode illustrates the breadth and depth of Marsh McLennan’s climate capabilities. The issues addressed throughout the series include investment transition, the insurance sector’s role in climate adaption, communities and businesses’ exposure to physical risks, and how companies need to address the inextricable link between climate and nature.

Find more information about how Mercer, Marsh and other Marsh McLennan businesses will be addressing these issues at COP27 and beyond, visit https://www.marshmclennan.com/pages/climate-hub.html



This episode seeks to provide an overview of the insurance industry’s role in advancing climate resilience, with a particular focus on de-risking, funding and incentivizing ex-ante pre-event climate risk reduction and adaptation measures. It also explores the exciting new initiative being pursued by the United Nations’ Race to Resilience unit to accelerate and scale those efforts.

Leading the discussion is Francis Bouchard, the Managing Director for Climate for Marsh McLennan’s Advantage unit, who is joined by Dr. Swenja Surminski, Managing Director, Climate, Marsh McLennan – and a long-time Peruvian climate negotiator and UN Resilience Hub official Jorge Gastelumendi.

Read the paper here


Opinions expressed are those of the speakers as of the date of publication, are subject to change without notice and do not necessarily reflect Mercer’s opinions.

This content is for institutional investors and information purposes only. It does not contain investment, financial, legal, tax or any other advice and should not be relied upon for this purpose. The materials are not tailored to your particular personal and/or financial position. If you require advice based on your specific circumstances, you should contact a professional adviser.


This does not constitute an offer or a solicitation of an offer to buy or sell securities, commodities and/or any other financial instruments or products or constitute a solicitation on behalf of any of the investment managers, their affiliates. For the avoidance of doubt, this is not formal investment advice to allow any party to transact. Additional advice will be required in advance of entering into any contract.

Read our full important notices - click here