CAPE TOWN/LONDON, 21st January 2016-Morningstar Investment Management South Africa (Pty) Ltd, a provider of investment advisory and portfolio services, has launched a discretionary managed portfolios service for investors in South Africa, available through platforms accessed by financial advisers.

The new offering, named Morningstar® Managed Portfolios™, is a complete portfolio construction service designed to offer advisers in South Africa a holistic investing solution to help clients meet their investment goals.

The Morningstar Managed Portfolios are lead managed by Victoria Reuvers, director and senior investment consultant for Morningstar's Investment Management group in South Africa, and are available in both a local South Africa fund range and a global range. The portfolios draw on the asset allocation and global fund manager research expertise of Morningstar.

'Our managed portfolios are designed to provide advisers with a core diversified portfolio that uses active management where it may add the most value', Victoria Reuvers said. 'They are a natural extension of the offerings our investment management group has provided in overseas markets for a number of years and will support advisers as they ready their business for the Retail Distribution Review. We are pleased to be able to bring these new investment solutions to South Africa and we look forward to working with advisers to help deliver enhanced propositions to investors.'

The Morningstar Managed Portfolios South Africa range consists of five risk-aligned multi-asset portfolios:
• Cash Plus
• Cautious
• Balanced
• Adventurous
• All Seasons

The Morningstar Managed Portfolios global range consists of three risk-aligned multi-asset portfolios available in U.S. dollars:
• Global Cautious
• Global Balanced
• Global Growth

Morningstar Investment Management South Africa (Pty) Ltd is part of the Morningstar Investment Management group, which provides research-driven investment services to clients including asset managers, wealth managers, family offices and advisers through 12 investment advisory subsidiaries and more than 100 investment professionals around the world.

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Morningstar Inc. issued this content on 2016-01-21 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-21 21:31:02 UTC

Original Document: http://corporate.morningstar.com/us/asp/subject.aspx?xmlfile=174.xml&filter=PR5561