Report
John Likos
EUR 100.00 For Business Accounts Only

Pendal Group Remains our Preferred Pure Play Asset Fund Manager, AUD 11 FVE Unchanged.

Narrow-moat-rated Pendal Group was recently placed on our Global Best Ideas list and remains our preferred pure play domestic asset manager. We particularly like the firm’s diversity across asset class exposures and geography, as well as growth opportunities being explored in the United States. Furthermore, the industry continues to benefit from favourable demographic tailwinds and secular growth in compulsory superannuation contributions. On the other hand, the industry continues to face fee pr...
Underlying
Pendal Group Limited

Pendal Group is engaged in the provision of investment management services. Co.'s operating segments comprise the investment management business in Australia (BTIM Australia) and outside of Australia (BTIM International). BTIM International comprises the BTIM (UK) Limited group of companies.

Provider
Morningstar
Morningstar

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.

Analysts
John Likos

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