interactive investor outsources production of rated lists to Morningstar to 'free up' analyst team

Methodology still owned by ii

interactive investor has decided to outsource the collation, production and maintenance of its select lists, including ‘Super 60’ and ‘ACE 40’, to Morningstar, with its model portfolio methodology to follow later.

ii said that the move to outsource to Morningstar's manager selection services group frees up its research team, led by head of personal finance Moira O'Neill, to conduct wider research of funds, investment trusts and ETFs. Head of funds research at ii Dzmitry Lipski will oversee the Morningstar relationship, "adding challenge" and ensuring Morningstar follows ii's processes and methodology. The investment platform said that as and when its methodology evolves, Morningstar "may add external challenge, and it is important they are comfortable with ii's intellectual framework". inter...