Penny is European Head of Hedge Funds Research at Mercer. Based in London, she leads a team covering a wide range of hedge fund and other diversifying strategies in Europe. She works across a breadth of client types and portfolios in providing investment solutions and helps lead development of intellectual capital within the global team. Penny has over 26 years of experience within the investment industry with over 20 of these focussed on hedge fund investing covering all strategies and geographies. She joined Mercer in 2017.

Penny’s career has included leading global alternative research teams (at IAM) through to building and developing a quantitative, alternatives, investment business at FQS Capital. She has also spent time in primary hedge funds, both on the investment and business sides, and has served as a Non-Executive Director for funds. She started out her investment career at Cazenove Fund Management in the Emerging Market Equities portfolio team, having initially qualified as an accountant with Deloittes.

Penny has a Master of Arts (MA) from Christ Church, Oxford and holds an (ACA), (IMC) and is a Chartered Manager, at the Certified Management Institute (‘CMI’).