Morningstar Australasia has added global stocks to its Adviser Research Centre platform.
The move comes in response to the financial planning sector's growing interest in global companies, said a statement by the research house.
Morningstar Australasia head of adviser solutions Andrew Whelan said: “This initiative will enable advisers and brokers to easily and effectively research global stocks and identify those most suitable for client portfolios.”
“The incorporation of stocks and sectors under-represented in the Australian share market will also help diversify client portfolios," Mr Whelan said.
Research and analysis of global stocks will also serve the “fast-growing self-managed superannuation segment,” said Mr Whelan.
Morningstar’s global team of 120 analysts cover roughly 1, 400 companies, with research focusing on long-term fundamental valuation, economic moats, risk, cash flows, financial health and stewardship.
The Adviser Research Centre Platform is a web-based research solution for financial planning dealer groups, financial advisers and stockbrokers.
A study into the remuneration models of the financial sector has found that the popular balanced scorecard system has serious flaws and may ...
Financial services are being urged to start making changes to their businesses and to not wait for the final report to be handed down. ...
The major bank’s CEO has backed bonus payments to frontline staff despite evidence linking variable remuneration to poor customer outcom...
