Insight to go full-service led by Tim Murphy

Former Morningstar staffer, Tim Murphy has been named as the man to lead an expanded Insight Investments Consultants business as full-service research house.

Insight has announced plans to significantly expand its services offering to become a full-service research house stating it will launch a fund research ratings business beyond its current consulting business servicing 15 licensees representing around 380 advisers with over $21 billion in funds under advice.

The announcement said that Murphy would be joining the company as of 1 September as Director and Head of Research.

Insight founder, Chris Lioutas said there had never been a a greater need for quality over quantity in research in the context of the growth of managed accounts and resulting concentration of fund flows.

“The strong growth of Insight’s business has created the perfect opportunity to target this gap in the research market and expand our service offering to our existing clients while creating capacity for additional clients and further growth” said Lioutas. “I’m excited to have Tim Murphy joining to lead our new research ratings business as he’s been one of the leading researchers in Australia for some time, so we’re thrilled to have someone of his skills and experience joining us.”