Mercer has announced a significant enhancement to its MercerInsight platform, centered around the development and launch of a new Trends module providing key information about investment manager searches and product fees.
“By providing quarterly manager search activity reported by Mercer consultants and real time data for fees, the Trends module enables institutional investors and asset managers to gain insight into the investment mandate activities of Mercer’s institutional clients and search trends around the world,” the firm explains. Clients can also “compare fees to those of other investment managers in aggregate by asset class, vehicle type, account size, among other data.”
As the firm explains, MercerInsight is a cloud-based platform for institutional investors and asset managers that houses quantitative and qualitative data from Mercer’s global investment research team.
“Investment managers are often interested in understanding how the fees they charge for their products compare to those of similar products offered by their competitors,” notes Cara Williams, global head of wealth management and technology solutions. “Asset owners also want to know how the fees they are paying fare against those of other providers. This new Trends module was developed with these needs in mind.”
Mercer suggests the Trends module will be updated on a quarterly basis with investment manager searches performed by Mercer, enabling users to manipulate aggregate data and create custom reporting and filtering. Data goes back to 2006, allowing users to perform longer-term analyses. However the fee information in the Trends module is “updated in real time; as soon as an investment manager updates their fees on the database, new information is generated.”
For more information, visit www.mercer.com.