Morningstar and New Wealth to broaden their collaboration with a unique client-centric ESG offering


New Wealth Experience Pte. Ltd., a provider of mobile-first Wealth tools & smart FinApps to financial institutions, in collaboration with Morningstar Research Pte. Ltd., a subsidiary of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, released today an innovative solution to promote environmental, social, and governance (ESG) investing across APAC markets.

Starting with a Sustainability Profiler harnessing the latest UX innovations combined with contextual financial education, the tool helps advisors and investors ascertain sustainability preferences and generate an ESG profile. Then based on a proprietary scoring system, the solution provides suitable investment recommendations according to each individual profile.

“Empowering investor success is our core mission and with our recent acquisition of Sustainalytics, a globally recognized leader in ESG ratings and research, we can provide investors with ESG insights that allow for the personalization of portfolios across asset classes.”, said Nick Cheung, CEO of Morningstar Asia Limited.

Depending on institutional preferences, the profiling capability can recommend individual products such as Equities, Bonds, Mutual Funds and ETFs or portfolios, which are derived from Morningstar proprietary data, research and Indexes.

”Pilot projects can be launched within a short timeframe of 2 weeks’ time using our cloud-first and white-labelled web solutions, together with proven connectors to Morningstar ESG data.”, said Loïc Pitrou, Co-founder and CEO at New Wealth.

ESG has become an essential part of long-term investing, and this unique client-centric ESG platform aims to maximise the number of end investors who gain access to sustainable financial products.

About Morningstar, Inc.

Morningstar, Inc. is 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 individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $215 billion in assets under advisement and management as of Sept. 30, 2020. The Company has operations in 29 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on Twitter @MorningstarInc.

©2020 Morningstar, Inc. All Rights Reserved.

Media Contact Stephanie HO, +852 2973 4655 or Stephanie.Ho@morningstar.com

About New Wealth

New Wealth is a FinTech solutions provider of breakthrough Wealth tools & smart FinApps, with live clients in APAC and MENA regions. Applying behavioural design, data-driven personalisation and mastering automated financial advice, its cloud-first software packages foster digital engagement with end-clients and empower Relationship Managers with easy-to-use digital advisory capabilities.

For further information Loïc PITROU, CEO Phone: +65 3159 3120 Email: info@newwealth.com.sg Website: https://www.newwealth.com.sg

Disclaimer

This press release is for information purpose only.

Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Neither New Wealth nor Morningstar Research makes any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will New Wealth, Morningstar Research or their affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.

Neither New Wealth nor Morningstar Research assumes any obligation to update any information contained herein.


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