BISYS Alternative Investment Services has entered into an agreement with Morningstar, Inc. to offer BISYS hedge fund and fund of hedge fund clients access to Morningstar DirectSM, the company’s Web-based global research platform.
Morningstar Direct provides clients with data on thousands of global hedge funds, hedge fund firm portfolio holdings, fund of hedge funds and commodity trading advisors. In addition, clients can access information on US stocks, stock ownership, indices, and ETFs as well as traditional mutual funds and variable annuities. Comprehensive search criteria can also be set up to conduct competitive peer analysis and to benchmark hedge fund data.
“We worked very closely with Morningstar to be able to offer our clients this comprehensive package,” says Bob Donahoe, the MD of BISYS Hedge Fund Services. “Morningstar will soon have over 6,000 hedge funds in its database and will be able to provide a full library of these hedge fund investment profiles to our clients. We look forward to this on-going relationship with Morningstar.”
“We are pleased to work with BISYS, a leading service provider to the hedge fund industry, to bring this special offer to its clients,” adds Liz Kirscher, the president of data services for Morningstar. “Our expansive databases and the strength of our peer analysis and report creation tools will help BISYS clients conduct manager research and competitive analysis.”