Investment database and technology solutions firm eVestment announced Wednesday that it has partnered up with investment research provider Morningstar.
Under the agreement, Morningstar data—including MSCI Hedge Fund Indices, open-ended mutual funds, money market funds, closed-end funds, exchange-traded funds, variable annuities and insurance group separate accounts -- will be made available to eVestment’s more than 2,500 global clients through its suite of analytic solutions.
eVestment founder and CEO Jim Minnck explained that the expanded data will “better serve clients with global operations and mixed clientele…using the same data across [eVestment’s] entire platform.”
Founded in 2000, Atlanta-based eVestment acquired hedge fund analysis provider Pertrac and cloud-based hedge fund technology provider Fundspire last year. It now offers one of the world’s largest traditional and alternative investment databases. With operations in 27 countries, Morningstar had approximately $166 billion in assets under advisement and management as of June 30.