FundSource finally sold, but others are looking at the research market.
The NZX is working with “several” parties on the sale of its funds management research business, FundSource.
New Zealand's investment research landscape lacks options for advisers, and the situation could be about to get worse. (Includes status of Research IP contract)
Who will research managed funds in the future? That's a question which is live right now.
Morningstar has confirmed that it is moving many of its New Zealand operations back to Australia.
News that FundSource has all but closed down its research operations in New Zealand spells bad news for AFAs.