Mercer hires Italian head

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ITALY - Mercer Investment Consulting has made the first of "several" appointments with Nicola Carcano joining as head of Mercer IC in Italy, as the firm seeks to tap growing institutional opportunities in the market.

The country saw significant pension reform passed by the government last year - due to come into effect in 2008 - and a Mercer spokesperson said: "We expect to see more opportunities for investment...

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