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March 2007
Release Notes |
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Recap of Previous
Announcements |
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Morningstar
News |
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Release Notes
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Morningstar Completes Acquisition of Standard & Poor's Fund Data Business |
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On March 16, we completed our acquisition of Standard & Poor's global fund data business. With this acquisition, we believe that Morningstar now has the most extensive global database for managed investment products, covering mutual funds, exchange-traded funds, insurance and pension funds, separate accounts, and hedge funds. Throughout the integration process, our primary focus is on serving our clients without disruption. The acquisition will not affect the products and services that you receive from Morningstar, except that we'll be able to offer you more global data in the future. We encourage you to contact your sales representative or relationship manager if you have any questions. For more information, please see our press release and general questions and answers at http://global.morningstar.com/SP. |
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May 2007 Month-End Implementation of Enhanced Portfolio Statistics |
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As previously announced, Morningstar is modifying our portfolio statistics to incorporate the economic impact of short positions and derivatives. This impacts all global portfolios and all types of investment products. The implementation schedule has been changed from March month-end to May month-end in order to give fund families more time to comply with the reporting template and to allow clients to prepare to accept data in the new format. Following are links to resources for this project:
Portfolio Reporting Template
Methodology Document
Data Point Inventory Spreadsheet
Live Meeting Presentation
We recently hosted meetings for Licensed Data clients to go over this information in detail. If you didn't attend a meeting to review the requirements of the project, please contact your Relationship Manager immediately. |
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Recap of Previous Announcements
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Q4 2006 Fund Category Review |
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Thank you to all who participated in this quarter's fund category review. New categories were effective with February month-end processing and appeared on our Websites on March 5. The next review will begin on May 16. |
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NASD Text Box Rule |
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Morningstar has the data required to meet the requirements of the recent amendments to NASD Rules 2210-11 concerning mutual fund performance sales material. Test files for Licensed Data Feeds are available. Please contact your relationship team for more information. Details on the amendments can be found here. |
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Launch of Morningstar Direct(SM) Version 3.1 |
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We are pleased to inform you that we have released an update to our flagship institutional product, Morningstar Direct. Earlier versions of the software, including Morningstar DataLab, were retired on Feb. 28. Version 3.1 includes a variety of data enhancements, including additional datapoints for both separate accounts and hedge funds, and functionality and navigation improvements largely driven by client request. A presentation recapping all the new features in Morningstar Direct 3.1 can be found in the "Help" section of the product. If you would like to see a demonstration of Morningstar Direct, please call us at 1 866 229 0216. |
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Morningstar News
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Save the Date�Morningstar on the State of the Industry |
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We will be in Boston on May 15, New York on May 17, and San Francisco on May 31. We hope you will be able to attend one of these sessions to hear about industry trends and upcoming Morningstar research initiatives. Presenters will include our managing directors Don Phillips and Tim Armour. Watch this space for more information. |
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Morningstar Indexes Quarterly Report |
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At the end of each quarter, the Morningstar Index team recaps the performance of the U.S. equity market through the lens of our family of Style and Sector indexes. Our compact and engaging report delivers the insight you need to stay abreast of the shifting trends in U.S. stocks. To receive these free reports regularly in your inbox, please register here. You may unsubscribe at any time. |
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Morningstar Separate Accounts Data in the Media |
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On an ongoing basis, Morningstar provides separate accounts data to Barron's and Pensions & Investments magazines. This month, we provided Barron's with data tables, contacts for their research, and extensive information on the topic of customization as featured in their Feb. 19 issue. And quarterly, Morningstar provides Pensions & Investments with all of their data tables for the "Top Performing Money Managers" section. Please see the Feb. 19 issue of P&I. |
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Morningstar at Industry Shows |
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Tom Izdorek, vice president of research and product development, Ibbotson Associates, will present "Strategic Asset Allocation and Commodities" at the CFA Society of Chicago's Luncheon Programs Advisory Group on April 5. The paper upon which this presentation is based will also be published as a chapter in the upcoming book Intelligent Commodity Investing.
Paul Kaplan, vice president of quantitative research, Morningstar, Inc., will deliver a presentation on "Investor Returns" at the Performance Measurement Attribution and Risk Conference on May 15-16, in Philadelphia, PA. Please visit http://www.spauldinggrp.com/pmarconf/ for more information.
Steve Deutsch, director of product development, managed investments, Morningstar Inc., will give a presentation on the "Impact That Public DB Plans Have on the Economy" at the National Conference on Public Employee Retirement Systems' (NCPERS) Annual Meeting on May 23, in Honolulu, HI.
Morningstar will exhibit at the following shows. We hope to see you there. |
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� Institutional Investment Conference, MARHedge, April 15-17,
in San Francisco, CA |
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� Alternative Investing Summit East, April 15-17, Lansdowne, VA |
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� Association of Investment Management Sales Executives (AIMSE) in
Scottsdale, AZ, April 29-May 1 |
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� Investment Management Consultants Association (IMCA) Spring Professional Development Conference in Phoenix, AZ, April 26-29 |
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� Chartered Financial Analyst (CFA) 60th Annual Conference in New York City,
April 29-May 2 |
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� Money Management Institute (MMI) Annual Convention, Washington, D.C.,
May 2-3 |
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� Investment Company Institute (ICI) General Membership Meeting
Washington, D.C., May 9-11 |
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� Newsfund Forum in Paris, May 10-11 |
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� Risparmio Italia in Rimini, Italy, May 17-18 |
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� National Investor Relations Institute (NIRI) Annual Conference Orlando, FL,
June 3-6 |
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� ICBI Fund Forum 2007, in Monaco, July 3-5. Morningstar is a co-sponsor for
the event and John Rekenthaler, vice president of research and product
development for Morningstar, will be speaking. For more information, visit
www.icbi-fundforum.com. |
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Data Questions |
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Contact your account team or our data quality department:
U.S.
E-mail: dataquestions@morningstar.com
Phone: +1 312-696-6600
Fax: +1 312-696-6019
Mailing address:
Data Questions
Morningstar, Inc.
225 West Wacker Drive
Chicago, Illinois 60606
USA
Europe
E-mail: dataquestions.uk@morningstar.com
Phone: +44 20 3107 0070
Fax: +44 20 3107 0001
Mailing address:
Data Question
Morningstar Europe
1 Oliver's Yard,
55-71 City Road, London EC1Y 1HQ
United Kingdom |
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�2007 Morningstar. All rights reserved. |
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This e-mail contains privileged and confidential information and is intended only for the use of the recipient. Any dissemination, distribution, or duplication of this communication without prior written consent from Morningstar is strictly prohibited. If you received this message in error please contact the sender immediately and delete the materials from any computer. You are receiving this e-mail because you are a Morningstar Data client, or because you asked that your name be added to the distribution list. If you wish to remove yourself from our institutional client communication list, please hit reply with "unsubscribe" in the subject line. If you would like to opt-in to this e-mail list please hit reply and include your full name, title, company name and address. We will be happy to add you to the list. The newsletter is free, and we never release these e-mail addresses to third parties. If you change your mind and no longer wish to receive this e-mail, we will quickly remove your name from the distribution list. |
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