CBA is Australia's most profitable bank with leading market shares across key consumer product sets.
We were initially surprised with insider Matt Comyn's promotion to the CEO role of wide-moat Commonwealth Bank of Australia, but we see the upside of appointing a long-term internal executive to one of the most important CEO positions in Australia. Comyn is an experienced banker with a deep understanding of Australia’s largest and most profitable bank. In our view, he is best placed to lead the large and complex business and most importantly he provides certainty and continuity of business momen...
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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