Morningstar Joins Race to Provide Direct Indexing Services | Financial Times
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Morningstar Joins Race to Provide Direct Indexing Services | Financial Times
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Morningstar Joins Race to Provide Direct Indexing Services | Financial Times
Morningstar is the latest big name to get into direct indexing with acquisition of Moorgate Benchmarks.
Morningstar accounts for just 0.6 per cent of the index industry's $4.1bn of revenue last year, according to analysis by Burton-Taylor International Consulting.
However, Morningstar has the highest five-year compound annual growth rate in the industry, of 43.5%, aided by last year's acquisition of Sustainalytics, a provider of ESG ratings and research, and its "attractive pricing models", according to Burton-Taylor.
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