Consulting firm Mercer’s three-year-old fund rating service has been integrated into the digital diligence platform of US financial technology firm DiligenceVault.
The move will allow the 21,000-plus users of the platform to access research and ratings provided by the service, called Mercer FundWatch.
“Including MFW on the DiligenceVault platform addresses the needs of both investors and asset managers, by centralising diligence information on a two-sided platform, and reducing time to actionable information,” the firms say in a joint statement on June 9.
Mercer FundWatch was launched in August 2018.
According to Mercer Asia Wealth Business Leader Janet Li, there is strong interest in the service from investors looking for more information about the funds in which they invest.
“Connecting DiligenceVault’s clients with Mercer’s research expertise allows us to empower more investors in their investment decisions,” she says in the statement.
New York-based Mercer had US$321.4 billion of assets under management as of September 2020.