Morningstar, Inc. and Standard and Poor’s, a division of The McGraw-Hill Companies, announced March 16 the completion of a deal for Morningstar to acquire Standard and Poor’s mutual fund data business for $55 million in cash. S&P’s fund data business consists of data and products covering more than 135,000 managed investment vehicles, Standard and Poor’s will license fund data from Morningstar after the acquisition is completed. The acquisition will give Morningstar significant new opportunities in Europe and Asia, where S&P’s mutual fund data business is particularly strong.
Legacy planning can help advisors make connections to the next generation of wealth so that advisors maintain assets when clients pass.
Nuveen is among the biggest investors in high-yield muni bonds; closed-end fund prospectus registered Thursday with the SEC.
The Sunshine State nets $17.2 billion from inbound moves vs. outbound.
Sponsored by FTJ | FundChoice
A full-service solution that helps you improve your process and client relationships sounds great, but you must be able to determine what will best help your firm grow.
Sponsored by Smarsh
New communication tools can open up your firm to risk and prohibition is not prevention. Learn five key practices you should implement now.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.