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. comm.
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