Capital Institutional Services (Capis), an institutional agency brokerage based in Dallas, announced that Morningstar has joined its Capis Independent Research Network (CIRN).
Under the arrangement, Capis will help promote Morningstar Equity Research, which includes covers of about 2,000 companies by more than 100 analysts.
In a statement, Kristi Wetherington, President and CEO of CAPIS, said, “In this time of market uncertainty, the buy-side needs unbiased and authoritative research it can rely on.”
She added, “Morningstar is one of the best-known independent sources for stock analysis and data in the world and we are thrilled to work with them. With a coverage universe of thousands of companies, its equity analysts provide the objective and actionable research our 1,400-plus clients need to drive results for their investors.”
Capis’ CRIN was started seven years ago and features a group of handpicked independent research providers.