Morningstar Inc. has acquired Moorgate Benchmarks, a privately held London-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.
Moorgate has become a wholly owned subsidiary of Chicago-based Morningstar. Its 20 employees, based in the UK and Germany, have joined Morningstar’s index business. Tobias Sproehnle, chief executive at Moorgate Benchmarks, will also become head of Morningstar Indexes in Europe.
Financial terms of the transaction were not disclosed.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
