Morningstar buys Moorgate Benchmarks

European-based index provider

clock • 1 min read
A price has yet to be announced

A price has yet to be announced

Morningstar has acquired European-based index design provider Moorgate Benchmarks to fuel indexing growth and innovation.

In 2019, Moorgate Benchmarks was seed funded by ETFS Capital as the company's only external investor. This transaction sees the company become a wholly owned subsidiary of Morningstar. The addition of Moorgate Benchmarks expands Morningstar Indexes' ability to service European clients. Dan Kemp to replace Needham as Morningstar IM Group's global CIO Under the terms of the deal, Moorgate Benchmarks' chief executive officer, Tobias Sproehnie, will become head of Morningstar Indexes in Europe, reporting to president of Morningstar Indexes Ron Bundy. Gareth Parker and Marke Pralle, ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Markets

The Big Picture: What were the biggest stories from July?

The Big Picture: What were the biggest stories from July?

Recapping the top stories

James Baxter-Derrington
clock 04 August 2022 • 1 min read
Market Movers Blog: Fed poised for another historic rate hike later this week

Market Movers Blog: Pelosi's Taiwan visit weighs on markets

Latest news and analysis

Investment Week
clock 03 August 2022 • 1 min read
Round up of Q3 and H2 outlooks

Outlook roundup: What is worrying managers in H2

Growing concerns around stagflation

clock 01 August 2022 • 6 min read