Investment research firm Morningstar has purchased Stable Value Comparative Universe Data and Stable Value Index from independent data and research firm Hueler Analytics.

Minnesota-based Hueler caters to asset managers, fiduciaries, advisers, and consultants, among others.

The Stable Value Comparative Universe Data offers stable-value investments’ market coverage such as stable-value pooled funds as well as insurance company separate accounts.

Morningstar said that the acquired Stable Value Index is the “only industry Index derived from aggregate returns of contributing stable-value product providers”.

The stable-value data universe and index can be accessed via Morningstar Direct and Morningstar Data solutions upon the integration of the two businesses.

Hueler founder Kelli Hueler and managing director of operations Kathleen Schillo will assume consulting positions to facilitate the transition process. The deal consideration was not revealed.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Morningstar director of data products for the Americas Joscelyn MacKay said: “Stable-value funds have long played an important role in helping retirement plan participants accumulate ­retirement savings and already account for 10 percent of assets in defined-contribution plans.

“While largely invested in fixed-income securities, stable-value funds are designed to provide steady, predictable returns that exceed money market investments over time and are protected from any loss of capital or interest through contracts from an insurance company or bank.”

The latest deal continues Morningstar’s recent buying spree.

In 2019, the firm signed agreements to acquire Australian advice software provider AdviserLogic, and Canadian credit ratings agency DBRS.