Morningstar Acquires Moorgate Benchmarks to Fuel Indexing Growth and Disruption
CHICAGO, Sept. 8, 2021 /PRNewswire/ -- Morningstar, Inc. (NASDAQ:MORN), a leading provider of independent investment research, today announced the acquisition of Moorgate Benchmarks, a privately held European-based global provider of index design, calculation, and administration. ETFS Capital provided seed funding to Moorgate Benchmarks in 2019 and had been its sole external investor. With this transaction, Moorgate Benchmarks becomes a wholly owned subsidiary of Morningstar. Financial terms were not disclosed.
Pairing Moorgate Benchmarks' advanced index design, calculation and administration technology and processes with Morningstar's data, research, and unique Morningstar-led index intell
