The Asset Management Exchange will be acquired by Carne Group
The WTW rebrand ends 200 years of history for the Willis, Towers and Watson names
Towers Watson has promoted Chris Ford, former head of investment for Europe, Middle East and Africa (EMEA), to global head of investment.
Towers Watson has raked in $50bn (£31bn) in global assets under advisement through its implemented investment services business, the firm's fiduciary management offering.
Towers Watson has combined its three investment research teams into one group in a bid to uncover new investment opportunities.
UK institutional pension funds' equity allocation has plummeted by a fifth in the past decade - but remains the highest in the world, according to a global study.