Leading Independent Investment Research, Morningstar, Inc.

Morningstar

Leading Independent Investment Research

Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. 

Morningstar provides data on more than 500,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 16 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 investment advisory subsidiaries, with more than $180 billion in assets under advisement or management as of June 30, 2015. We have operations in 27 countries.

Download the Morningstar Fact Sheet : http://corporate.morningstar.com/US/documents/MarketingFactSheets/AboutMorningstarFactsheet.pdf

Equity Bottom-Up

Australia & New Zealand Bankin / Equity Bottom-Up

Australian and New Zealand Banking Group’s, or ANZ, new CEO Shayne Elliot wasted no time in overhauling senior management and highlighting subtle change in strategy.We expect a big restructuring charge announced with first half fiscal 2016 results in early May as well as an increase in loan loss provisioning for some of its more vulnerable sector exposures. ANZ may write-down the value of its Asian partnership investments and capitalised software.Analyst: David Ellis

Australian and New Zealand Banking Group’s, or ANZ, new CEO Shayne Elliot wasted no time in overhauling senior management and highlighting subtle change in strategy.We expect a big restructuring charge announced with first half fiscal 2016 results in early May as well as an increase in loan loss provisioning for some of its more vulnerable sector exposures. ANZ may write-down the value of its Asian partnership investments and capitalised software.Analyst: David Ellis

Australia & New Zealand Bankin

Short Term Earnings Risks Increase