Former OBSR trio launch fund buy lists at City Financial

City Financial has launched its own fund research service - The Adviser Centre - to help financial advisers select funds for portfolios.

The service was created by Peter Toogood (pictured), Gill Hutchison and Anthony McDonald, who all joined City Financial from Morningstar OBSR last year. The service, which will not rate funds, will list around 120 funds which the trio feel are either recommendations, funds to watch or established funds which investors should continue to back. Hutchison said: "The recommended list is our ‘buy list', with all funds open to new investors. They have to offer clean share classes, be at least £20m in size and growing, and be a quality fund which offers value for money." Established funds...