Mercer Names International Consulting Group Leader

June 16, 2014 (PLANSPONSOR.com) – Eduardo Jauregui has joined Mercer's Chicago office as leader of its international consulting group (ICG) for the Midwest market.

Jauregui will focus on leading an experienced team of consultants who work with multinational companies located in the Midwest. He will report to J.P. Provost, global and North American leader of the ICG. Mercer’s ICG helps clients manage the cost, risks and complexity of their benefit programs worldwide.

Jauregui has nearly 30 years of benefit consulting and business experience. He joins Mercer from Aon Hewitt’s Dallas office where he served as vice president of global benefits. Prior to his time with Aon Hewitt, Jauregui held a number of benefits consulting roles of increasing responsibility with Mercer in the United States, Spain, Brazil and Mexico. His career before Mercer included senior positions in Mexico with Johnson and Higgins, Wyatt Consulting and Procter & Gamble.

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Jauregui earned a degree in actuarial science from the University of Anahuac in Mexico City, Mexico. He is also a member of the International Association of Actuaries and the National College of Actuaries in Mexico.

“The Midwest is home to many of the world’s largest and most successful multinational companies, each with their own challenges and opportunities related to benefit program provision throughout the world,” says Julie Humphries, Mercer’s Midwest and central market leader, based in Chicago. “Eduardo has extensive and deep international experience and knowledge in this area that will prove highly valuable to our Midwest clients in achieving their benefit program and overall business objectives.”

“We are very pleased that Eduardo is returning to Mercer to lead our ICG business in the Midwest,” says Provost. “Growing the ICG business in the Midwest is a strategic priority for us, and I am confident that Eduardo and his proven abilities in client service, business development and leadership will help us achieve this goal.”

Equity Funds See Outflows in May

June 16, 2014 (PLANSPONSOR.com) – Long-term funds netted $39.2 billion in May, increasing the year-to-date intake to $215 billion, according to Strategic Insight (SI).

SI, an Asset International company, also finds that for May, U.S. Equity funds (-$2 billion) experienced their first aggregate net outflows since January, while International Equity ($16 billion) saw another month of consistent net investment.

Inflow leading strategies among active U.S. equity managers in April were Natural Resources ($1.8 billion), Income-Mixed ($1.3 billion) and Real Estate ($1.1 billion). International Total Return ($1.8 billion) and Emerging Market Equity ($1.8 billion) drove inflows to the International Equity space.

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Taxable bond fund flows ($21 billion) were led by the Government Intermediate Maturity ($5.3 billion) and Corporate Bond General ($3 billion) objectives in May. Tax-free bond funds saw significant inflows of $4.1 billion in May, led by the Muni National High Yield ($1.6 billion) objective.

Money market funds collected $6.5 billion in May.

More information about Strategic Insight (SI) is at http://www.sionline.com. Subscribers may view SI’s Monthly Fund Industry Review here.

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