Financial services firm Mercer has hired investment consultant Richard Everingham to boost its local investment offering.
Everingham formerly worked at research house Lonsec for seven years as head of ratings of managed funds.
He will be based in Melbourne and will provide research on equities, investments and infrastructure to Mercer's clients which include institutional companies and wealth management firms.
"He has demonstrated his capability to add value by supporting and driving growth through improving processes, product and service delivery, which will be essential as we continue to enhance our research tools for the sector," Mercer Asia-Pacific retail services head Rashmi Mehrotra said.
The hire comes as Mercer looks to expand its services to the Asian region.
Mehrotra, who will be working with Everingham, was recently hired by Mercer to run its Mumbai-based research house.
The practice provides Indian firms with research on listed equities, opportunistic investments and infrastructure.
Globally, Mercer's investment consulting business manages US$3.5 trillion and has offices in 35 countries.
