Mercer, a business of Marsh McLennan, has completed its acquisition of SECOR Asset Management, a global provider of bespoke strategic and portfolio solutions.

SECOR serves the complex needs of institutional investors, offering a range of end-to-end portfolio solutions, including investment advisory and implementation, fiduciary management, and asset liability management.

Initially announced in February 2025, the acquisition expands Mercer’s investment capabilities for its diverse institutional client base and large asset owners worldwide.

As part of the agreement, more than 40 of SECOR’s colleagues in New York and London are joining Mercer.

Michael Dempsey, Mercer’s Wealth President, said, “We are thrilled to welcome SECOR’s exceptional team to Mercer. As we move forward together, our commitment to being a dedicated partner to our clients’ portfolios remains unwavering. We understand that each investment journey is unique, and with the added capabilities of SECOR, we are better equipped to help sophisticated investors navigate the markets and optimise asset allocation amid increasing uncertainty.”

SECOR’s Managing Principal and Chief Investment Officer Tony Kao added, “This acquisition represents a pivotal step forward for our mutual clients, positioning us to respond to the evolving investment landscape with greater agility and innovation.”

Following the acquisition, Mercer plans to establish a specialist Global Investment Partnerships Group, focused on seamlessly serving in-house investment teams and large asset owners, addressing their unique and complex needs with customised solutions, strategic portfolio structuring, and execution.

The post Mercer completes acquisition of SECOR Asset Management appeared first on ReinsuranceNe.ws.