Mercer, Morningstar join forces for single digital research platform

Mercer and Morningstar Inc. have joined together to release a single digital research platform for investors and advisers. The new platform will be rolled out by region early next year. The research platform will streamline MercerInsight's institutional strategy data with Morningstar's independent research for open-end mutual funds, exchange-traded funds, separately managed accounts and indexes. It will be made available on Morningstar Direct. "Investors and their advisers do not have comprehensive resources for institutional strategies research and data. Working together with Morningstar, we can give investors and their advisers an extensive and deep view of their opportunity set and costs, empowering them to make better, overall investing decisions," said Rich Nuzum, global president of Mercer's wealth business. (More: Consolidation of record keepers for 401(k) plans 'worrisome')