Mercer and Morningstar join forces on data product

Mercer and Morningstar have joined forces to offer a single global digital platform for institutional investment manager data, performance analytics and qualitative research, with information from MercerInsight being shifted to the Morningstar Direct product.

The two firms said that the alliance would enable Mercer’s global institutional manager data and research to be offered alongside Morningstar’s information on open-end mutual funds, exchange traded funds, separately managed accounts and indexes.

“We’ve seen how asset management firms, investment consultants, and wealth managers have struggled to find a comprehensive, forward-looking, qualitative research solution at the strategy and share-class level,” Morningstar chief product officer, Tricia Rothschild, said.

Related News:

“We selected Mercer for this venture to close that gap by developing a global solution that will help advisors, asset managers, and investment consultants focus decision-making and create new investment options for the end investor, driving stronger outcomes.”

The global president of Mercer’s wealth business, Rich Nuzum, said that the partnership would help improve transparency and insight in the industry.

The new offering would be rolled out by region, with the United States being first cab off the rank, with the product launching there early next year.

Related Content

Key CBA executive departs

The Commonwealth Bank’s group general counsel and group executive, Group Corporate Affairs, Anna Lenahan is leaving the big banking group.She is the...Read more

FinClear further expands team

FinClear has announced it has added Nick Avery, Peter Martin, Allan McGregor and Colwyn Eckles to its team, following on from a year of 120 per cent g...Read more

ANZ ends single governance and accountability structure

ANZ has moved to end its single governance and accountability structure in Australia.In doing so, the big banking group announced a key change to its ...Read more



Add new comment