Morningstar offers SMA tools to advisers

morningstar/equities/research-house/adviser/

4 September 2015
| By Jason |
image
image
expand image

Morningstar Australia will provide financial advisers with access to the equities selection tools and lists used by the research house to build its separately managed accounts and direct share investing models.

The research house will provide three pre-set lists around direct equity investments as part of its new Preferred Stock List tool accessible via its online Adviser Research Centre, stating the tool will be customisable for dealer group needs and uses.

Morningstar stated the new tool would access the research group's analyst recommendations and ratings around equities and would allow advisers to select different combinations of ratings and research in line with a client's views on risk.

Morningstar Australasia Head of Adviser Solutions, Andrew Whelan, said the new tools provided access to Morningstar's proprietary equity research and went well beyond buy or sell ratings.

"Using the Preferred Stock List will also help ensure that stock selection and portfolio construction are based on an independent, globally vetted research process, helping to satisfy compliance requirements and contribute to better outcomes for investors," Whelan said.

Morningstar said the Preferred Stock List was the starting point for its construction of direct share portfolios, which it offers as models or separately managed accounts with the ratings drawn from its team of Australian and New Zealand equity analysts and strategists.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 6 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 2 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND