Profit falls at Mercer Human Resource Consulting, the retirement and investment consultancy, and fund manager Putnam Investments contributed to the biggest slide in the share price of their parent Marsh & McLennan for two years.

Shares in MarshMac were down $1.89, or 7%, to $25.00 as of 16:54 GMT yesterday.

Jennifer McCandless in New York

Mark Cobley

Marsh & McLennan

Morgan Stanley

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Mercer and Putnam drag down MarshMac

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