Towers Perrin retreats from Asia consulting

When it outsourced manager research to Frank Russell, Towers lost its raison dÆetre in Singapore and Hong Kong.

Towers Perrin has effectively removed itself from investment consulting in Asia ex-Japan. In Singapore, its consultant Glen Howard has seen his position eliminated, while in Hong Kong, Jonathan Goll has resigned, leaving only Yvonne Chan to wave the consulting flag in the region.

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