Euronext to offer Morningstar data feed to listed companies
27 July 2015 | 3139 views | 0
Euronext, the primary exchange in the Euro zone, today announced a new agreement with Morningstar, a leading provider of independent investment research, to give all listed companies on Euronext and Alternext markets in Paris access to www.MorningstarPro.fr.
This platform allows issuers to communicate directly with professional investors. It has been available to issuers for free since July 2015. First launched in France, the platform will eventually be available in all Euronext markets.
MorningstarPro.fr is Morningstar’s internet portal for finance professionals—professional investors, consultants, academics, brokers, banks and asset managers. It has more than 11,000 members, 600 professional investors, 200 asset management firms and 2,000 fund distributors. Under this new agreement, companies listed on Euronext and Alternext in Paris qualify for 18 months’ free access and can use the platform to build direct links with the professional investor community. Issuers can also update their profiles and use the portal’s many functions for company information, financial presentations, press releases, upcoming events, videos and more. This gives investors a unique portal for centralized data on companies listed on the Euronext and Alternext markets in Paris.
Jean-François Bay, CEO of Morningstar France, said: “Morningstar is pleased to work further with Euronext. This agreement with Euronext demonstrates Morningstar’s position as an independent research company, with the objective of helping investors. We are pleased to use our innovative tools that bring together our databases, tools and research, to connect professionals directly with each other.”
Marc Lefèvre, Head of Listing at Euronext, added: “This new agreement with Morningstar is another example of Euronext’s goal of linking issuers and investors. We want to offer new solutions that meet issuers’ quest for greater visibility. Information is a key means of tightening and invigorating the links between listed companies and investors. This initiative, like the many roadshows we’ve organized, such as our pan-European investment days in New York and Boston, is an integral part of our strategy of working closely with companies listed on Euronext markets.”
1. Since June 2014, EnterNext, the Euronext susbsidiary dedicated to promoting and growing access to financial markets for SMEs, has worked with Morningstar to increase the publication of financial research on tech sector businesses listed on Euronext markets.