Andrew Owen Appointed as New Independent Trustee at Morningstar Funds Trust

Overview

On June 24, 2026, the Morningstar Funds Trust Board of Trustees announced the appointment of Andrew Owen as an Independent Trustee. With a formidable career spanning over three decades in the asset and wealth management sector, Owen is set to bring a wealth of experience to the boardroom.

Background

Owen's extensive journey in the industry began at Wells Fargo Asset Management, where he later continued his career at Allspring Global Investments, the successor company. His roles have encompassed vital functions that are critical in overseeing and managing investment portfolios. Most notably, he held the position of President at Allspring Funds and was the Head of Fund Governance, overseeing a staggering $300 billion mutual fund family. This experience positions him uniquely to contribute effectively to the Morningstar Funds Trust.

Responsibilities and Contributions

In his recent role, Owen has been an integral part of ensuring regulatory compliance, facilitating cross-functional business initiatives, and prioritizing the interests of mutual fund shareholders. His skill set includes overseeing Finance, Product Development, Investment Management, and Marketing, which will greatly benefit the Morningstar Funds Trust in diversifying and enhancing its investment strategies.

Independent Chair Theresa Hamacher expressed enthusiasm regarding Owen's election, stating, "We are delighted to welcome Andrew to the Board of the Morningstar Funds Trust. His extensive experience in the mutual fund industry -- both in the C-suite and the fund boardroom will help the Morningstar Funds Board better serve investors."

The Governance Committee Chair, Linda Davis Taylor, echoed similar sentiments, emphasizing Owen's collaborative approach and strategic mindset that have proven effective in both fund management and governance oversight. She remarked, "Having led both a major fund complex and its governance function, Andrew understands firsthand how effective independent oversight translates into better outcomes for fund shareholders."