US consulting firm Mercer will provide independent investment advice and research to bolster the outsourced chief investment officer (OCIO) services of Asset Management One through a pact struck with the Japanese asset manager’s parent, Mizuho Financial Group.
Mizuho and Mercer both announced the deal in separate statements on May 20, describing it as a “strategic partnership”.
Mizuho says the move will allow it to offer clients a wide range of asset management solutions, such as investment governance and reporting, and risk management.
According to the company, Asset Management One “aims to strengthen its investment solution capabilities, leveraging Mercer’s high-quality, proprietary manager research and global investment platform capabilities”.
Meanwhile, Mercer says that as the partnership evolves, “we will explore expanding our manager research and multi-manager solutions to meet the dynamic needs of the market”.
Tokyo-headquartered Asset Management One managed US$468 billion of assets as of March 2025.
New York-based Mercer had $17.5 trillion of assets under advisement as of June 2024.
