This article was originally published in GoodReturns and an extract has been reproduced here.
Who will research managed funds in the future? That’s a question which is live right now.
Friday, August 24th 2018, 9:19AM
What’s the future of managed funds research in New Zealand is a question that is being asked around the industry.
Both research houses are going through change. Morningstar’s man on the ground in New Zealand, Chris Douglas, is leaving and won’t be replaced locally.
Rather New Zealand will bs serviced off of Sydney. Considering New Zealand is such small beer in the Morningstar Australasia operation then you do wonder about the commitment to this market.
NZX is getting rid of non-core assets and FundSource fits into this category.
Who would pick up this business is a question that is being asked around the market.
One thing is clear advisers need research and ideally more than one research house is better than just one.
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