Independent life insurance and pensions provider Acorn Life has appointed Mercer to manage its €1bn portfolio client assets. The outsourcing deal will see Mercer provide advice and bespoke portfolio management to Acorn Life, including access to a wider range of asset classes and investment managers than would otherwise be available to the Galway-based firm. The result will be a new range of funds for Acorn Life clients. “We set out to find a provider that could provide us with well-diversified portfolios, high-quality investment management and ongoing investment advice,” said Acorn Life chief financial officer Jennifer Loftus. Acorn Life is an Irish-owned life assurance company offering protection, savings and investment products to the Irish market.

Source: Irish Independent April 08, 2022 11:00 UTC