Morningstar Australasia has won a tender to support the internal research functions for AMP Financial Services (AMPFS).
AMPFS late yesterday announced it had selected Morningstar as its preferred partner for research consultancy services following a comprehensive review.
Under the agreement, AMPFS's research team will have access to Morningstar's fund research, research analysts and desktop tools, effective 1 October.
Morningstar's fund research analysts would also participate in monthly investment committee meetings, AMPFS said in a statement.
"We're confident Morningstar will provide a flexible and competitive service to deliver specialist research, data and technical support to enhance the current research efforts we provide to our advice network," AMP advice integration manager Andy King said.
Morningstar Asia-Pacific head of fund research Grant Kennaway said the company's research team was happy to be working with AMP.
"AMP's research teams, advisers and ultimately end investors will all benefit from our high-quality independent research and market-leading technology solutions," Kennaway said.
