Morningstar picks up IOOF executive
EX-IOOF national account manager Geof Marsh has joinedMorningstaras Australian national account executive, and will now be responsible for managing and developing the research house’s relationships with financial advisory groups and stockbroking firms.
Earlier this year, Marsh leftIOOF Funds Managementwhen he and two other members of the business development team, David Hallifax and Walter Leskiw, were made redundant.
Prior to IOOF Marsh worked atRural Funds ManagementandHSBC Bank Australia.
Marsh’s appointment follows the recent appointment of Anthony Serhan to lead the Morningstar consulting business, and the appointment of Scott Cooley from the group’s US office as chief operating officer.
Other recent movements have included a spate of departures and a restructure of the research business over the last 18 months that has resulted in changes to the research process and ratings the group has produced.
InMoney Management’srecent Rating the Raters survey, Morningstar suffered criticism for the number of staff changes over the last year.
But Serhan says that “looking forward, you’re going to see a major change in the perception of Morningstar, for the better”.
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