High tide mark for Australian Mercer trust

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William M Mercer has pushed the assets managed by its master trust over the AUS$3bn mark for the first time, making it the largest master trust aimed exclusively at companies looking to outsource in-house staff pension funds in Australia.

The Mercer Retirement Trust (MRT) officially passed the AUS$3 billion mark with its recent acquisition of the 2000 member AUS$145m Ericsson staff superannuation fund. Mercer replaced Rothschild Aus...

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