Toogood and Hutchison to leave Morningstar OBSR

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Peter Toogood and Gill Hutchison are set to leave Morningstar OBSR, following last year’s departure of Richard Romer-Lee and Nigel Whittingham.

Toogood is Morningstar OBSR’s investment services director and is responsible for the company’s advisory services to UK and international clients. He formed Forsyth-OBSR ratings service with Romer-Lee in 2002 and joined OBSR in 2008 when it acquired Forsyth’s advisory business. In 2010, Morningstar bought OBSR.

Hutchison is the firm’s head of investment consultancy, holding responsibility for researching funds and overseeing client relationships. She joined OBSR in 2003.

Morningstar global chief investment officer Daniel Needham says: “We wish them well and will be announcing their replacements in due course.

“At Morningstar OBSR we have one of the largest and most reputable teams of investment analysts and consultants in the market. Our strategy for Morningstar OBSR remains constant, and we are committed to our continued investment in the team.”

In October last year, OBSR co-founder Romer-Lee stepped down as Morningstar OBSR’s managing director of investment consulting operations in Europe. Whittingham, the managing director of Morningstar OBSR in the UK and Ireland, also left the company at this time.