The ratings business of SQM Research will now include managed funds that invest in Australian and global equities.
As part of the expansion, the research house has created a ratings advisory committee which will include former van Eyk head of research Nigel Douglas as an independent member.
A statement by SQM Research noted Mr Douglas has held a number of senior positions over the last 15 years in investment manager research, including the head of research role at van Eyk between 2008 and 2010.
"In that role, he worked with SQM who undertook research in selected property-related sectors at that time," said the statement.
The new ratings advisory committee will also include SQM head of research Rob da Silva and will be chaired by SQM managing director Louis Christopher.
"The ratings committee will only act as an advisory committee on ratings. Ratings will still be formulated and ultimately determined by SQM’s analysts and respective head of research. Effectively the advisory committee acts as a ‘brains trust’ and a ‘checks and balances’ committee," said the statement.
In its inaugural equities review, which has already commenced, SQM Research has made a "restricted invitation" to "predominantly independent fund managers who SQM believes has the potential to deliver strong alpha".
Eight managers are putting forward multiple investment funds for rating as part of the inaugural SQM Select Equities Review, including: William Blair, Peters MacGregor, Invesco Australia, Millinium Funds Management, Robeco, Capital Group, Pengana Capital and Ausbil Invesment Management.
The release of the Select Equities Review is expected to occur prior to Christmas 2015 or January 2016, said SQM Research.
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