Crown Resorts is a defensive business augmented by an attractive long-term growth profile.
We are big supporters of Crown Resorts’ "less is more" approach, which has seen the business undergo major simplification during the past year. Management’s decision to offload its stake in digital wagering entity CrownBet is the latest in a series of divestments. With the addition of the sell-down of its investment in Melco Crown and the withdrawal from Las Vegas, we’re left with an exclusive casino operator with limited exposure beyond Australia. Despite potentially missing out on some growth ...
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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