Skandia/Morningstar put commentary in the Box
MorningstarandAustralian Skandiahas added a style commentary to the Skandia Morningstar Global Style Box, to provide a greater understanding of a fund's investment style and size bias.
The single page Quarterly Review now allows the adviser to track a fund’s investment style history, in addition to viewing the Skandia Morningstar Global Style Box details.
Morningstar has developed the commentary which investigates any style or size bias drift experienced by a fund over the latest quarter. The Quarterly Review also includes the market capitalisation and style classification of a fund’s top 10 stock holdings by portfolio weighting.
Also represented graphically in the commentary is the fund’s investment style history, helping to provide greater clarity about a fund’s composition.
Australian Skandia was the first financial services group to take up the Morningstar Global Style Box after it was released to the financial planning market last year, at the same time as the investment house launched its first products to the market.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
