The decision by Watson Wyatt to alter its business position in Singapore caps the gradual usurption of its once-dominant role by rival Mercer Investment Consulting, which has emerged as the only major player activelyáproviding investment consulting advice to local institutions. But it also shows how Watson Wyatt has been reorienting its business toward the larger prospects to be found in China, Korea and Taiwan, as well as its ongoing lead position in Hong Kong.
Watson Wyatt aggressively went after Singaporean institutions in 1998...
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