Marsh McLennan's Mercer completes acquisition of Vanguard's US Outsourced Chief Investment Officer business

NEW YORK--(BUSINESS WIRE)--Mercer, a global investments leader and a business of Marsh McLennan (NYSE: MMC), today announced the completion of its acquisition of Vanguard’s Outsourced Chief Investment Officer (OCIO) business that provides investment management services for not-for-profit organizations and other institutional investors in the United States. The acquisition, announced in December of last year, expands Mercer’s capabilities and expertise across investment solutions in the US. Commenting on ...