Michael Keaveney Named Director of Investment Management, Canada for Morningstar Investment Management

TORONTO, June 16, 2014 /CNW/ - Michael Keaveney, CFA®, has been appointed director of investment management, Canada, for the Morningstar Investment Management group. Keaveney will be responsible for leading institutional investment consulting and investment management in Canada. He will oversee investment solutions for Canadian clients, with particular emphasis on asset allocation, investment strategy, and product development.

Before joining Morningstar, Keaveney was a director for CIBC Asset Management's Investment Management Research team, where he led the teams responsible for investment policy guidelines, investment proposals, portfolio construction, and communications. Before joining CIBC, he was a portfolio analyst and portfolio manager with Baskin Financial, a Toronto-based investment counsel firm. Earlier in his career, he spent 13 years with TD Asset Management in several analytical, business development, sales, and management positions.

"Michael brings a wealth of investment knowledge and leadership experience to Morningstar," Scott Mackenzie, chief executive officer for Morningstar Canada, said. "He will work with our global investment management team to develop new and creative solutions, designed to produce better investing outcomes for investors in Canada."

Keaveney holds a bachelor's degree in economics from the University of Waterloo and a master's degree in finance from the University of London. He also holds the Chartered Financial Analyst designation and is a member of the CFA Society of Toronto.

About the Morningstar Investment Management Group
The Morningstar Investment Management group, part of Morningstar, Inc., creates custom investment solutions that combine award-winning research and global resources with proprietary Morningstar data. With approximately $164 billion in assets under advisement and management as of March 31, 2014, the Morningstar Investment Management group provides comprehensive retirement, investment advisory, and portfolio management services for financial institutions, plans sponsors, and financial advisors around the world. The Morningstar Investment Management group includes Morningstar's 11 registered investment advisory and licensed advisory entities. In Canada, these services are provided by Morningstar Associates, Inc.

About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on approximately 456,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 12 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries. The company has operations in 27 countries.

©2014 Morningstar, Inc.  All rights reserved.

SOURCE: Morningstar Research Inc.

For further information: Media Contact: Jaime Lyn Aitken, +1 416 484-7868 or jaimelyn.aitken@morningstar.com


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