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Mercer, Callan courtship augurs more engagements

The recent alliance between Mercer Investment Consulting and Callan Associates to acquire the bulk of Evaluation Associates – the investment consulting arm of Milliman Inc – could be the start of a cooperation that targets other potentially attractive acquisitions in the US industry.
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Mercer buyout of Hammond augurs boutiques’ demise

Mercer’s acquisition of US-based Hammond Associates marks the continued trend of a new consulting environment that raises the question of whether boutique firms can survive. Amanda White spoke to Mercer’s US investment consulting leader, Jeff Schutes, about why clients’ demand for deeper resources and knowledge is driving the consolidation, and why large firms are rejecting […]