Morningstar Asia, a subsidiary of independent investment research firm Morningstar, Inc., today announced it will distribute press release content from PR Newswire, a global provider of marketing and communications solutions, on Morningstar's investment websites in Hong Kong, Taiwan, Singapore, Malaysia, and other Asia-Pacific regions.
"We're pleased to augment our investing content with relevant Asian company news provided by PR Newswire to broaden the scope of investment information our users can attain from our websites," said Nick Cheung, chief executive officer for Morningstar Asia.
Joshua B. Cohen, vice president, content licensing and distribution for PR Newswire, added, "We are glad to extend our reach within the financial community in Asia through our agreement with Morningstar Asia and the readership of the five investment websites that Morningstar Asia provides."
PR Newswire's press release content will be accessible on the home page of Morningstar's Asian investment sites in Hong Kong, Taiwan, Singapore, Malaysia, and other Asia-Pacific regions.
About Morningstar Asia and Morningstar, Inc.
Morningstar Asia is a subsidiary of Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 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 registered investment advisor subsidiaries and has approximately US$195 billion in assets under advisement and management as of Sept. 30, 2012. The company has operations in 27 countries.
About PR Newswire
PR Newswire is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry 58 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content -- from rich media to online video to multimedia -- and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world's enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company.