Mercer has awarded $34.15 million in mandates to Tactical Global Management (TGM) and Lazard Asset Management to invest in alternative assets.
Mercer has awarded $34.15 million in mandates to Tactical Global Management (TGM) and Lazard Asset Management to invest in alternative assets.
Global tactical asset allocation specialist TGM was awarded $30 million from Mercer to generate alpha through global economic and financial market modelling.
The TGM investment method generates four sources of alpha.
Brisbane and London-based TGM has institutional clients globally, including pension funds, insurance companies, banks and funds of hedge funds.
Mercer has added global listed infrastructure to multi-sector plus funds.
Lazard Global Listed Infrastructure will manage a $4.15 million mandate.
This represents a 3 per cent target allocation to the global listed infrastructure asset class that has been introduced in two multi-sector offerings, the Mercer Growth Plus and Mercer High Growth Plus funds.
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