Zenith delivers ‘recommended’ rating to Morningstar IM funds
The investment management arm of research and ratings house, Morningstar, has looked to another investment research provider, Zenith, to rate its multi-asset real return funds.
Morningstar announced today that the funds had received a ‘recommended' rating from Zenith.
The funds in question are objective-based multi-asset offerings that invest across a broad range of asset classes and investment strategies.
The ratings apply to Morningstar Aggressive Real Return (APIR: INT0040AU), Morningstar High Growth Real Return (APIR: INT0042AU), Morningstar Growth Real Return (APIR: INT0038AU), Morningstar Balanced Real Return (APIR: INT0028AU), and Morningstar Conservative Real Return (APIR: INT0034AU).
Commenting on the ratings, Morningstar Investment Management chief investment officer, Andrew Lill, said: "Zenith's ratings provide a rigorous endorsement of the quality of our approach to multi-asset investing".
"We remain focused on building world-class investment strategies that leverage our proprietary research to deliver great outcomes for Australian investors. We're also committed to operating in accordance with our principles of taking a fundamental, valuation-driven approach, building portfolios holistically, investing for the long-term, being independent-minded, striving to minimise costs, and putting the interests of investors first."
AUTHOR
Mike Taylor
Recommended for you
Family office Lederer Group has made an off-market takeover bid for ASX-listed Elanor Commercial Property Fund, with chair Paul Lederer taking exception at the firm’s lack of accountability, oversight and transparency.
Janus Henderson is actively seeking to partner with private wealth firms in Australia as it looks to expand its number of strategic partnerships, as well as focus on retirement income product development.
Global investment manager First Sentier Investors has launched an umbrella brand to provide greater clarity around its shift to a multi-affiliate asset manager encompassing six investment teams.
Janus Henderson has seen intermediary outflows in the second quarter of US$1.2 billion, although its deal with insurer Guardian means overall net flows are US$46.7 billion.
