Pain before gain as long-term growth potential hampered by near-term integration issues.
We greet the departure of Vocus CEO Geoff Horth with mixed emotions.On the one hand, Horth was dealt very challenging hands ever since he was appointed to lead the group in early 2016, when Vocus and M2 merged. He has not only had to grapple with integrating the two complex, acquisition-fuelled companies, but had to do so amid a plethora of left-field events including boardroom ructions, executive changes, and distractions from private equity interests. All this has been made even worse by esca...
Vocus Group is a telecommunications provider, providing telecommunications and other services to customers across Australia and New Zealand.
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.
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