NEW YORK, March 12, 2013 /PRNewswire/ -- Mercer, the global
leader in financial advice, products, and services and CAIS, the
leading independent exchange for in-demand financial products
servicing the global wealth management industry, announced the
expansion of their existing strategic relationship by making
Mercer's suite of institutional investment advice, research,
products, and tools available through CAIS. Mercer will
continue to provide due diligence and ongoing monitoring for all
funds that list on CAIS.
In the increasingly competitive landscape of wealth management,
Mercer and CAIS are committed to empowering advisors with the
advice and access they need to effectively implement alternative
investment solutions. Mercer will provide CAIS Member Firms
thematic portfolio construction guidance, analytic tools, model
portfolios, fund and industry research, and ongoing educational
resources and support. Additionally, CAIS and Mercer will host a
series of alternative investment focused advisor educational
sessions globally in 2013.
"With their longstanding commitment to servicing the wealth
management industry and over 150 research professionals globally,
Mercer's research-driven approach brings advisors a distinct
advantage in identifying unique managers and trends across all
strategies and regions," said Matthew
Brown, CAIS Co-Founder and CEO. "This collaboration
offers advisors a complete solution, combining industry leading
institutional advice with streamlined access and execution."
Mercer has provided investment advice and research to some of
the largest and most sophisticated global institutions.
Mercer currently advises over $6
trillion in assets and actively rates over 7,800 investment
strategies. These strategies include long/short equity,
multi-strategy, global macro, credit/distressed, merger arbitrage,
CTA, relative value, commodities, and event driven across
established and emerging markets, in addition to traditional
investments.
"CAIS has rapidly become the industry's preferred independent
marketplace for alternative investments and we are pleased to bring
our deep institutional resources and intellectual capital to CAIS,"
said Cara Williams, Global Head of
Wealth Management at Mercer. "We believe the Mercer-CAIS
combined solution will benefit our existing and prospective wealth
management clients both in the US and internationally."
About Mercer
Mercer is a global consulting leader in talent, health,
retirement and investments. Mercer helps clients around the world
advance the health, wealth and performance of their most vital
asset – their people. Mercer's 19,000 employees are based in more
than 40 countries. Mercer is a wholly owned subsidiary of Marsh
& McLennan Companies (NYSE: MMC), a global team of professional
services companies offering clients advice and solutions in the
areas of risk, strategy and human capital. With 53,000 employees
worldwide and annual revenue exceeding $11
billion, Marsh & McLennan Companies is also the parent
company of Marsh, a global leader in insurance broking and risk
management; Guy Carpenter, a global
leader in providing risk and reinsurance intermediary services; and
Oliver Wyman, a global leader in
management consulting. For more information, visit
www.mercer.com. Follow Mercer on Twitter @MercerInsights
About CAIS
CAIS is the leading independent exchange for in-demand financial
products servicing the global wealth management industry. CAIS
offers advisors streamlined access, information, and execution to
an expanding menu of hedge funds, private equity funds, precious
metals, and structured products. CAIS complements its
centralized multi-product offering with a robust suite of portfolio
construction tools, fund analytics, and third-party due diligence
reports provided by Mercer.
CAIS maintains an unwavering commitment to delivering
institutional functionality and reliability. Mercer and State
Street further this commitment by bringing global scale and
oversight to the exchange. CAIS avoids key conflicts of
interest by not engaging in wealth management activities or
managing proprietary funds or products. The firm's neutrality
allows CAIS to provide an unbiased and transparent investment
marketplace to the global wealth management industry.
CAIS is an NFA member with securities offered through CAIS
Capital LLC, member FINRA, SIPC.
For more information about CAIS visit www.caisgroup.com
SOURCE CAIS