MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, August 5, 2009 Morningstar Goes to India Morningstar will unveil an India web site today offering investors a platform to research 1,150 mutual funds and ETFs offered in the south Asian nation, reported Shefali Anand in Wednesday's Fund Track column in the WSJ. The launch of www.morningstar.in will place the Chicago-based firm alongside other established, local companies jockeying for market share in the mutual-fund research industry as the total AUM and asset values managed by Indian mutual funds continues to climb. The launch is part of Morningstar's push to expand globally. The site's services are currently free for investors. Wednesday's Fund Track also noted that U.S. residential market and emerging market ETFs had a standout performance throughout the month of July. Today's column quoted Aditya Agarwal, Morningstar India Pvt. Ltd.'s managing director, and Dhirendra Kumar, chief executive of Value Research. In 2008 Morningstar hired Agarwal, founder of MutualFundsIndia.com, and Morningstar's acquisition of Hemscott data brought it a data collection center in New Delhi. Printed from: MFWire.com/story.asp?s=22252 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |