Press release from PR Newswire
Morningstar to Supply Daily Fund Pricing Data to the Financial Times Global Print and Online Editions
Tuesday, October 04, 2011
Morningstar to Supply Daily Fund Pricing Data to the Financial Times Global Print and Online Editions10:51 EDT Tuesday, October 04, 2011CHICAGO, Oct. 4, 2011 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced it is providing the Financial Times, a Pearson company, with managed fund pricing data for its print and online editions worldwide. The Financial Times selected Morningstar to deliver daily fund pricing information for funds included in the newspaper's Managed Funds Service listings. The Financial Times' Managed Funds Service uses Morningstar's advanced page-ready media production system, which allows for significant gains in the efficiency, presentation, control, and flexibility of the data supplied.In addition, Morningstar will power the online FT.com/funds web pages with a series of investment performance returns spanning one month to five years, and portfolio holdings information that detail each fund's asset allocation breakdown and top-10 securities. A suite of modern portfolio theory indicators and fund charges, as well as the internationally recognised Morningstar Rating?, a quantitative, risk-adjusted assessment of a fund's historical performance, will be displayed for each listed fund. "Quality investment data is at the core of our business," said Joe Mansueto, chairman and chief executive officer of Morningstar, Inc. "Our selection by the Financial Times to provide this important investor information means a great deal to us and speaks to the level of trust that the Financial Times and the industry places in Morningstar. We look forward to building our relationship with the Financial Times and helping its readers around the world by arming them with information to make better investing decisions." 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 individuals, financial advisors, and institutions. Morningstar provides data on approximately 400,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 5 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 and has more than $180 billion in assets under advisement and management as of June 30, 2011. The company has operations in 26 countries.©2011 Morningstar, Inc. All rights reserved.MORN-PMedia Contact:Nadine Youssef, +1 312-696-6601 or firstname.lastname@example.orgSOURCE Morningstar, Inc.