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Penny Aitken

European Head of Hedge Funds Research

Mercer Investments

Penny is European Head of Hedge Funds Research. 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 in providing solutions and helps in the 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 spanned building and developing a quantitative, alternatives, investment business at FQS, through to Head of Research at a European Alternatives Manager (IAM). She also spent time in hedge funds, both on the investment and operational side, 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’).