Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has received the “Thought Leadership” award at the Investment Week Investment Marketing and Innovation Awards 2015.
Announced on Friday, 3rd July 2015 at the Jumeirah Carlton Tower in London, the award recognises new thinking applied to the investment sector in the form of published research or papers. The Thought Leadership category award acknowledges Morningstar for its independent equity research that draws upon the Morningstar® Economic Moat™ Rating methodology, which identifies companies that offer the potential for consistent returns for investors over the long term.
The Morningstar Economic Moat Rating methodology identifies companies with sustainable competitive advantages such as high switching costs, cost advantage, intangible assets, network effect, and efficient scale. Based on the methodology, Morningstar’s equity analysts award each stock under coverage an Economic Moat Rating of Wide, Narrow, or None.
“Identifying long-term investment ideas using our Economic Moat methodology is a cornerstone of our work for investors,” Alex Morozov, Director of European Equity Research for Morningstar. “We established our European equity research team last year to reinforce our commitment to providing more institutions with independent equity research and ratings. From our base in Amsterdam, we have expanded our stock coverage to more fully serve European institutions with clear and actionable investment ideas backed by a repeatable and proven methodology.”