Mercer to acquire SECOR Asset Management.

Mercer, a business of Marsh McLennan, agreed to acquire SECOR Asset Management, a global provider of bespoke strategic and portfolio solutions. Financial terms were not disclosed. “SECOR’s exceptional team is highly regarded in the industry for their extensive experience working with in-house investment teams and proven expertise in specialized investment implementation. We are thrilled at the opportunity to welcome this talented group and to continue developing a comprehensive and agile suite of solutions designed for the distinct needs of institutional investors,” Michael Dempsey, Mercer Wealth President.