Published:
Morningstar Launches Morningstar Direct(SM) Alternative Investment Edition
CHICAGO, April 9, 2008 /PRNewswire-FirstCall/ -- Morningstar, Inc.,
(Nasdaq: MORN), a leading provider of independent investment research, today
announced that it has launched Morningstar Direct(SM) Alternative Investment
Edition, a global, multi-currency institutional research platform that
provides in-depth performance analysis of approximately 8,700 hedge funds,
funds of hedge funds, and Commodity Trading Advisor products.
The Web-based platform enables clients such as fund of fund managers, fund
managers, family offices, and institutional investors to conduct rigorous
alternative investment research by combining robust, timely data with advanced
analytics and reporting tools.
Direct AIE includes nearly 300 data points for each hedge fund, 29,000
global indexes (including 251 hedge fund indexes), monthly performance data,
assets under management, and Morningstar proprietary hedge fund ratings,
indexes, and categories. Subscribers can customize their research by changing
benchmarks, time periods, risk-free rates, and currencies for risk/return
calculations. Strategy classification breakdown, geographic exposure, industry
exposure, fees and liquidity terms, and asset class exposure help users gain
insights into investment performance and risk.
"Our qualitative and quantitative tools for researching alternative
investments include an advanced search and screening capability, information
about portfolio managers, and insight into investment methodologies," said Liz
Kirscher, president of Morningstar's data services business. "Our clients now
have the comprehensive data and flexible research tools they need to perform
competitive analysis, product development, due diligence, performance
evaluation, and other crucial processes."
Users can export presentation-ready graphs and data into Microsoft(R)
PowerPoint(R) or PDF files, or Microsoft(R) Excel(R) for additional analysis.
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research
inNorth America,Europe,Australia, andAsia. The company offers an extensive
line of Internet, software, and print-based products and services for
individuals, financial advisors, and institutions. Morningstar provides data
on more than 265,000 investment offerings, including stocks, mutual funds, and
similar vehicles. The company has operations in 18 countries and minority
ownership positions in companies based in three other countries.
Contacts:
Media: Alexa Auerbach, 312-696-6481, alexa.auerbach@morningstar.com
SOURCE Morningstar, Inc.
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,CPR,STW,FIN,PDT,IL-Morningstar-New
_ _Is your favorite bookmark site missing?
Ask for it.