UK - Mercer has recruited Paul O'Connor as head of asset allocation for its investment management business in Europe, Middle East and Africa.
O'Connor will oversee client portfolios using Mercer's dynamic asset allocation service. Previously, he was a proprietary trader and strategist for Credit Suisse in London. Prior to this, he was an equity strategist at BZW/Credit Suisse.
Mercer IM Europe CIO Hooman Kaveh said: "Paul's extensive market knowledge and short-term trading focus will provide added value to fiduciary management mandates through dynamically capturing investment opportunities and taking evasive action when markets are vulnerable to set-backs.
"This will supplement Mercer's dynamic asset allocation process which provides added value through a medium term asset allocation process, and Paul will contribute to this process."
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