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Mercer expands delegated investment solutions biz to Singapore

Mercer commenced its delegated investment solutions businessin Singapore and appointed Soon Kian Lee to head the business, Pensions & Investments reported July12, citing a company release.

Soon is a principal and the head of investment for ASEAN at thecompany. The latest expansion of Mercer's delegated investmentsolutions business in Asia follows the launch of the business in at the end of 2015.

In Singapore, Mercer intends to serve government investmentfunds, insurance companies, banks and pension funds, among others.

Mercer is a unit of Marsh & McLennan Cos. Inc.