The Morningstar Parent Rating Report

Morningstar has long held that investors have better experiences with asset managers that have strong, investor-friendly cultures. Morningstar's Parent rating framework keys in on an asset manager's investment culture and commercial practices. Our research highlights the characteristics of top-rated asset managers and how their investment culture, team stability, and commercial practices contribute to long-term success. 

This paper mines the Parent Pillar of Morningstar Medalist Ratings. It describes Morningstar's approach to parent assessments and characteristics of strong parents, and it finds that Morningstar’s Parent ratings do a good job of sorting for future success. Morningstar analysts globally cover more than 350 parent firms offering traditional mutual funds, exchange-traded funds, separate accounts, models, and other vehicles. Download the report for the latest insights.