Global consultancy Mercer has expanded its wealth management team in Asia with three new appointments.

Mercer hires Alvin Tay as chief portfolio advisor in Asia and Anubhuti Gupta as principal, wealth, Singapore, according to a statement. 

In the newly created role, Tay will be tasked with advising client portfolios with a focus on those with significant allocations to alternatives. Tay has 15 years of experience in institutional investments, most recently with the Hong Kong Jockey Club as its head of investment risk.

Gupta will be leading and expanding key client relationships in Singapore as well as other Southeast Asia markets like Thailand and Malaysia. She has 17 years of asset management experience, most recently as the head of AXA IM Singapore and head of investment for APAC, Rosenberg Equities – AXA IM's equity quant business.

Investment Demand

In addition, Mercer’s ex-head of Asia real estate Henry Ching was named to the expanded role of head of private markets, APAC, earlier this year in April. The three appointments add to the 160-strong team of investment professionals at Mercer. 

«Asia is one of the fastest growing regions for our wealth business and Mercer is committed to expand our competencies, with client needs as our top priority,» Mercer’s Asia wealth business leader Janet Li.