Morningstar and Mercer Launch AI-Based Institutional Investment Platform


Morningstar, the provider of independent investment research, has entered an alliance with consulting firm Mercer to provide investors and advisors with a single global digital platform for institutional investment manager data, performance analytics, and qualitative research.

Pairing Mercer’s broad global institutional manager data and research with Morningstar’s independent research and data spanning open-end mutual funds, exchange-traded funds, and indexes, the alliance gives investors and their advisors an extensive and deep view of their opportunity set and costs, empowering them to make better, overall investing decisions.

Rich Nuzum, Global President of Mercer’s wealth business, commented:

Rich Nuzum, Global President of Mercer’s wealth business“We chose to collaborate with Morningstar because they understand the changing landscape of financial advisors’ needs. Through this alliance with Morningstar, we will bring a new level of transparency and insight into the industry and enable advisors and wealth managers to deliver holistic solutions to their clients.”

Mercer and Morningstar’s collective business intelligence and intellectual capital provide comprehensive resources for institutional strategies research with artificial intelligence applied to fund data. Mercer already provides analysis on more than 6,000 managers and 32,000 institutional strategies to its clients

Tricia Rothschild, Chief Product Officer at Morningstar, said:

Tricia Rothschild, Chief Product Designer, Morningstar.
Tricia Rothschild, Chief Product Designer, Morningstar.

“Morningstar has a 35-year history of serving financial professionals in the pursuit of delivering the best possible outcomes for investors. We’ve seen how asset management firms, investment consultants, and wealth managers have struggled to find a comprehensive, forward-looking, qualitative research solution at the strategy and share-class level. We selected Mercer for this venture to close that gap by developing a global solution that will help advisors, asset managers, and investment consultants focus decision-making and create new investment options for the end investor, driving stronger outcomes.”

The new offering will be rolled out by region, beginning in early 2019 in the United States, and can be accessed by institutional consultants and investors, asset managers, and financial advisors through Morningstar Direct.