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.
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