Morningstar's managed portfolio service goes live on Transact

The Morningstar OBSR Managed Portfolios service - an outsourced portfolio construction service for financial advisers -launched in May and was initially available to advisers via Skandia. Morningstar Investment Management global chief investment officer Daniel Needham said: "In addition to providing clients with portfolios appropriate for their risk appetite, advisers using the Morningstar OBSR Managed Portfolios service know that each stage of the offering-from risk assessment, to asset allocation, to fund research, to portfolio selection and reporting-is provided and managed by us. ...