Marsh McLennan’s Mercer completes acquisition of SECOR Asset Management

Written by Adam Cadle

02/05/2025

Mercer has today announced the completion of its previously announced acquisition of SECOR Asset Management.

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

The acquisition expands Mercer’s investment capabilities for its institutional client base and asset owners globally.

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.”

Terms of the transaction were not disclosed.

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