Mercer Brings out Custody Database

April 30, 2002 (PLANSPONSOR.com) - Mercer Investment Consulting has launched a new Web-based Global Custody Database.

Features of the new product include:

  • research and analysis across geographical boundaries and market segments,
  • quick custody searches,
  • the ability to help clients benchmark current or prospective custodians’ capabilities and
    fees against industry standards and best practices, and
  • an option for custodians to update their data online

The Global Custody Database is Mercer Investment Consulting’s newest offering, sitting alongside Mercer’s web-based Global Investment Manager Database (GIMD). According to Mercer, GIMD contains data on more than 8,800 investment strategies offered by some 1,700 money-management firms.

Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.

Since its launch in January 2000, GIMD has been used to facilitate more than 1,500 manager searches, according to Mercer.

«