Morningstar to Acquire Equity Research and Data Business of C.P.M.S. Computerized Portfolio Management Services, Leading Provider to Canadian Investment Community
"C.P.M.S. is a highly regarded firm with a long history of providing superior equity data and research to the Canadian investment community," said
Founded in 1984, C.P.M.S. tracks fundamental equity data for approximately 4,000 securities in
C.P.M.S.' equity research and data business also includes eight distinct quantitatively driven model portfolios covering value, growth, income generating, momentum, and short-selling investment styles for the U.S. and Canadian equity markets.
C.P.M.S.' equity research and data business has more than 500 clients throughout
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements as that term is used in the Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations about future events or future financial performance. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, and often contain words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," or "continue." These statements involve known and unknown risks and uncertainties that may cause the events we discussed not to occur or to differ significantly from what we expected. For us, these risks and uncertainties include, among others, general industry conditions and competition, including the global financial crisis that began in 2007; the impact of market volatility on revenue from asset-based fees; damage to our reputation resulting from claims made about possible conflicts of interest; liability for any losses that result from an actual or claimed breach of our fiduciary duties; financial services industry consolidation; a prolonged outage of our database and network facilities; challenges faced by our non-U.S. operations; and the availability of free or low-cost investment information. A more complete description of these risks and uncertainties can be found in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended
(C)2009 Morningstar Inc. All rights reserved.
Media Contacts: Margaret Kirch Cohen, 312-696-6383, firstname.lastname@example.org Nadine Youssef, 312-696-6601, email@example.com
SOURCE Morningstar Research Inc.
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