Treasury dumps Rogerscasey

New York-based Mercer Investment Consulting will replace Darien-based Rogerscasey as the investment consultant for the $26 billion Connecticut Retirement Plans and Trust Funds (CRPTF), State Treasurer Denise L. Nappier said. Mercer is expected to begin consulting to the fund in October, pending negotiations. Rogerscasey, the primary consultant for more than 10 years, will continue to serve the treasury on a project-retainer basis. The selection of Mercer coincides with the treasury’s new strategy of increased investment in emerging and foreign markets.