Morningstar's young gun
Morningstar co-head of fund research Tim Murphy has been named Money Management Young Achiever of the Year 2011.
In making its decision, the judging panel was impressed with Murphy’s tertiary qualifications and achievements within the financial services industry.
In 2001, Murphy graduated with a Bachelor of Applied Finance (Macquarie University), from where he joined Commonwealth Bank’s graduate program. From 2002-05, Murphy gained experience in a number of roles, including corporate credit analysis at Commonwealth Bank and HSBC, mortgage securitisation at Macquarie Bank, and equity derivatives trading at Optiver. During this time he also completed his Postgraduate Diploma in Accounting.
Murphy joined Morningstar in the second half of 2005 as a fund research analyst. In 2007, the company sent him to London to train a team of new analysts that had been hired for Morningstar’s expansion of fund research in Europe. Returning to Australia, Murphy was promoted to senior research analyst and in 2009 he was again promoted to co-head of fund research, which he holds today.
In this role, Murphy has joint leadership of Morningstar’s fund research business in Australia and New Zealand and is responsible for Morningstar’s consulting relationships with dealer group clients.
In 2009, Murphy added to his qualifications by graduating with a Master of Applied Finance (Macquarie University), which included an exchange program at Copenhagen Business School, earning him the right to use the CFA designation in 2010.
Macquarie University has also invited Murphy as a guest lecturer in its Master of Applied Finance program in the area of Equity Funds Management.
In what was a tightly contested category, the judges also paid tribute to the three finalists: Matthew Dellit (Professional Investment Services), Finn Kelly (Wealth Enhancers) and Matthew Parrella (Finovia).
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
