Investment solutions for endowments, foundations and charities aligned to your mission.

For over 50 years, we have been partnering with endowments and foundations to build innovative, resilient and agile portfolios that are aligned to their mission and designed to deliver their individual governance and investment needs. We do this by leveraging our investment advisory heritage, our deep knowledge of the global investment universe, and our capabilities across research, advice and solutions. As a partner to endowment and foundation portfolios, we look beyond any single perspective on the investment landscape to pursue outcomes that address today’s investment challenges and importantly, prepare our clients for the future.

We are evolving! Mercer is now part of the new, expanded Marsh brand.

Mercer is making this change to simplify the client experience and make it easier for clients to access its full range of solutions across risk, reinsurance and capital, people and investments, and management consulting. These changes will enhance the way it serves clients by connecting them with solutions and insights that draw on expertise across the firm.

Learn more about the brand.

 

Mercer resources

Investment considerations for endowments and foundations 2026

 In this paper, Mercer explores how the endowment model has evolved over 25 years, adapting to shrinking public markets and the rise of private opportunities. Download the report. 

Economic and market outlook 2026

In this paper, Mercer addresses the main economic trends it believes investors should keep in mind coming into the new year. Download the report.

Themes and opportunities 2026

Read Mercer's executive summary to discover the key forces reshaping markets, the emerging risks and opportunities, and the strategic frameworks investors need to navigate today’s complex landscape. 

Charity Commission Investment Guidance CC14

On 1 August 2023 the Charity Commission for England and Wales published its updated investment guidance for trustees. Read Mercer's article, which provides a comprehensive overview of the key changes outlined in the new guidance and the actions you should consider. They've created a paper with checklists to help you assess whether your charity operates in line with the new guidance, which you can download here. 

Private markets for endowments and foundations

Private markets remain a complex and hard-to-access asset class — but it is one that is increasingly hard to ignore, given its growing importance in the economy as well as in institutional investors’ portfolios. Read Mercer’s latest report to find out more.
Read here

From acronym to action: what ESG means for you

Mercer look at each of the components, E, S and G, how these can be and have been addressed in clients’ portfolios, common questions, along with some top tips for how best to start the discussions around your collective tables.
From acronym to action Read here

ESG is not a destination, but a pathway to a sustainable future

Mercer have identified three key areas to create successful sustainability strategies for your organisation. Learn more.

Investing during a climate crisis

Scenario analysis helps investors understand the climate crisis and the associated investment risks. Read more.

Investment Podcast Series: critical thinking, critical issues℠

Hear thought leaders and special guests, as they explore and debate the themes, trends and opportunities shaping markets, and how these may translate for investors.
Investment Podcast Series - critical thinking, critical issues. Listen to the podcast

Investment blog: Yield point℠

Mercer's specialists provide their point of view on the latest investor themes and market movements in their investor blog series.
Yield point investment blog Read here

How endowments and foundations can manage inflation

In an environment of continued inflation uncertainty, what tools can investors use to improve performance? One potentially very powerful tool is the one most often overlooked: diversification. Read Mercer’s article for more information.

Endowment and foundation investment survey 2025

Endowment and foundation investors share how they are assessing risk, allocating portfolios and building resilience within their portfolios for the long term. Read the report.

Optimising treasury asset investments in a higher rate environment

Navigating today’s dynamic financial landscape requires a departure from traditional methods of managing treasury assets. The emergence of a prudent and widely adopted strategy involves diversifying treasury assets across a spectrum of short-duration fixed-income funds. Read the paper.

 

Contact Mercer

Headshot of Natalie YappNatalie Yapp, head of endowment and foundation sales – UK
Natalie leads strategic growth initiatives and develops high-impact partnerships to advance the firm’s endowment and foundations proposition. With a distinguished career in the not-for-profit investment sector, Natalie brings deep expertise in business development, relationship management, and delivering results in dynamic environments.

Prior to joining Mercer, Natalie was head of business development (Charities) at Rathbones and has also worked at Brewin Dolphin, Heartwood Investment Management, and PIMCO, earning a reputation for strategic insight and commitment to client success.

Natalie holds an Executive MBA from Cranfield School of Management, the CISI Sustainable and Responsible Investment qualification, and the Investment Management Certificate (CFA UK). Passionate about mentoring and inclusion, Natalie serves as a GAIN (Girls Are Investors) ambassador, Girlguiding leader, and advocate for gender balance within the financial services industry. Email Natalie.