We expect Accenture to outperform the broader IT services industry over the long term.
Accenture reported strong third-quarter results with revenue surpassing both our and management’s expectations. Accenture has been able to build on its growth momentum throughout the fiscal year with demand broad-based and centered around digital transformation initiatives, or what the company calls its “New†business. The firm’s rapid and ongoing rotation to new services associated with digital, cloud, and security has driven recent outperformance, and we see Accenture as a market leader in the...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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