Podcast Center
Video Center
Webcasts
Resource Center
Events
By 
October 23, 2020 at 09:30 AM
Morningstar is reorganizing, putting its quantitative analytics and qualitative managed investment research teams under a single leader and creating the role of chief ratings officer, effective Jan. 1, 2021.
Jeffrey Ptak, now head of manager research worldwide, will be chief ratings officer, responsible for approval of new investment ratings methodologies for managed investment strategies and equities and leading a team focused on articulating Morningstar’s best ideas for portfolio construction.
Ptak, a 17-year Morningstar veteran, has served in a variety of roles: senior fund and equity analyst, director of exchange-traded fund analysis and president and chief investment officer of Morningstar Investment Services Inc., a separate investment unit providing managed portfolio services through fee-based, independent financial advisors.
Lee Davidson, currently head of quantitative research, will add head of manager research to his job description. Davidson has served in his current role for the past five years and has worked at Morningstar for twice that long.
“More tightly marrying our analysts’ in-depth, qualitative research with our quantitatively derived analytics will help us meet investors’ growing interest across asset classes and spur innovation,” said Haywood Kelly, Morningstar’s head of research, in a statement. “Furthermore, creating a chief ratings officer will ensure we maintain our high bar for ratings integrity and efficacy as we develop new methodologies and expand into new investment types.”
