Director of ratings Chris Douglas departs Morningstar
Morningstar’s director of manager research ratings, Asia Pacific, Chris Douglas will be leaving the company at the end of August, according to an external company email.
Morningstar global practice leader, manager research, Grant Kennaway, and Morningstar managing director, Australia and New Zealand, Jamie Wickham, indicated the departure was of a personal nature.
“Chris has been based in Auckland, which has meant a heavy travel schedule. He has decided that the travel has become too much given his young family – so it is very much a personal decision,” they said.
“It goes without saying that we are sorry to see him go. But he leaves the team in really good shape – a strong bench of senior analysts with a depth of experience and close integration into our global manager research group.”
Kennaway and Wickham said Morningstar was getting moving on the recruitment process for his position and would be considering both internal and external candidates.
In the interim, they said Douglas would continue to lead the team and that Tim Murphy, Morningstar’s director of manager research, APAC, would become more involved where necessary until a replacement director of ratings is hired.
Recommended for you
Alphinity Investment Management and CSIRO have brought its responsible AI framework to the market, helping investors navigate AI alongside ESG principles.
The ASX board has appointed Wayne Byres as a non-executive director, who previously served as APRA chair for more than eight years.
Ahead of an upcoming fund launch focusing on mid-caps, OC Funds Management has welcomed a new portfolio manager to its investment team.
Almost 70 per cent of asset managers are planning to control costs via product rationalisation, according to a global survey by Northern Trust, as they seek to offer clients a best-in-class experience.
