Morningstar team boosted to 11
Morningstar has boosted its fund research team with the return of Mark Laidlaw from its London-based European fund research team.
Morningstar said Laidlaw’s appointment brought the team responsible for producing research on managed funds, exchange-traded funds and listed investment companies to 11 members.
Morningstar co-head of fund research Tim Murphy said Laidlaw’s appointment, which followed those of Tom Whitelaw and Julian Robertson earlier in the year, brought “additional depth and experience, further enhancing our research offering for advisers”.
“While Mark already has several years of experience in the Australian market, he’s been able to gain great experience as part of Morningstar’s global fund research capability, and his ability to draw on this back here in Australia can only benefit our clients,” Murphy said.
Recommended for you
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test.
Quarterly Wealth Data analysis has uncovered positive improvements in financial adviser numbers compared with losses in the prior corresponding period.
Holding portfolios that are too complex or personalised can be a detractor for acquirers of financial advice firms as they require too much effort to maintain post-acquisition.
As the financial advice profession continues to wait on further DBFO legislation, industry commentators have encouraged advisers to act now in driving practice efficiency.