Morningstar has launched qualitative research and ratings for passive funds for the first time, assigning a Morningstar Analyst Rating to 25 of the most popular index funds in the UK.
The detailed ratings system draws from the company's global fund research methodology used by Morningstar fund analysts worldwide. It considers five key pillars- people (the manager and supporting research team), the investment process, the parent group, performance, and fees. In addition, passive funds are scrutinised for their benchmark tracking accuracy. In its first ever release, it has named 23 funds as Morningstar Medalists, out of the 25 it analysed. Of these, nine received a Morningstar Analyst Rating of Silver and 14 were Bronze; none received a Gold rating. The rati...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
