Mark Roomans, the head of Morningstar UK, has highlighted launching new 'strategic beta' indices and growing its discretionary fund management (DFM) business as key priorities for the group.
While data and research have formed the basis of Morningstar's business since launch just over 30 years ago, the group is now looking to build on these foundations and diversify into other areas of the UK funds market. Roomans (pictured) said: "The business lines in order of importance are DFM, which is still comparatively new for us since we launched it in the UK in 2013, as well as expanding our fairly big US index business and bringing that expertise over here." Growth plan The UK CEO is a Morningstar veteran, having been at the firm for over 15 years. Roomans was appointed to hi...
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