Morningstar team boosted to 11
Morningstar has boosted its fund research team with the return of Mark Laidlaw from its London-based European fund research team.
Morningstar said Laidlaw’s appointment brought the team responsible for producing research on managed funds, exchange-traded funds and listed investment companies to 11 members.
Morningstar co-head of fund research Tim Murphy said Laidlaw’s appointment, which followed those of Tom Whitelaw and Julian Robertson earlier in the year, brought “additional depth and experience, further enhancing our research offering for advisers”.
“While Mark already has several years of experience in the Australian market, he’s been able to gain great experience as part of Morningstar’s global fund research capability, and his ability to draw on this back here in Australia can only benefit our clients,” Murphy said.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.