Jay is a Partner and Senior Consultant in the Atlanta office of Mercer's Investment Consulting business. Jay's responsibilities include serving as a Senior Field Consultant for large public and private pension plans and also serving in a strategic research role. Jay's current client responsibilities focus primarily on a select group of multibillion dollar public and corporate pension plans. In his 15 years with Mercer, Jay has worked with a wide range of clients, ranging from hospital operating assets to sovereign wealth funds.
In the area of strategic research and intellectual capital development, Jay has explored a wide range of topics, from effective active management to rebalancing techniques to transaction cost analysis. Jay authored Mercer's 2007 white paper on active extension strategies and also serves as the US knowledge expert on portable alpha techniques and implementation.
Jay is a member of Mercer's FSG, which provides specialty asset-liability consulting to clients. His area of focus in the FSG is alpha strategies and interest rate hedging implementation.
Jay serves on a number of research and policy groups for Mercer, including the Best of Mercer committee, which is a global committee charged with bringing Mercer's best ideas to its clients, Mercer's US Investment Policy Committee, which is responsible for developing Mercer's firm-wide views on current investment issues and guiding the direction of Mercer's client consulting, and Mercer's US and International Manager Ratings Review Committees, which determine Mercer's view of specific investment manager strategies. Jay also leads Mercer's US Capital Market Assumptions development, which produces the asset-class return and risk assumptions used throughout Mercer.
Jay holds a bachelor's degree in economics from Millsaps College. He is a CFA charterholder and a member of the Atlanta Society of Financial Analysts and CFA Institute.