New data from Mercer IC

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GLOBAL - Mercer Investment Consulting (Mercer IC) experienced a drop in the number of manager searches it conducted in Europe excluding the UK, as well as in the US, during 2006, but denied any loss of business.

Despite this fall, the global consultancy firm said recorded activity in Asia almost doubled from 44 searches in 2004 to 83 in 2006, through which placed assets reached US$11bn. Mercer IC's global...

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