Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG. Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban. These clients are keen to invest in illiquid assets, such as private equity and infrastructure. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
