CFA Institute
Back MatterSource: Financial Analysts Journal, Vol. 66, No. 3 (May/June 2010)Published by: CFA InstituteStable URL: http://www.jstor.org/stable/27809199 .
Accessed: 16/06/2014 23:28
Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at .http://www.jstor.org/page/info/about/policies/terms.jsp
.JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range ofcontent in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new formsof scholarship. For more information about JSTOR, please contact [email protected].
.
CFA Institute is collaborating with JSTOR to digitize, preserve and extend access to Financial AnalystsJournal.
http://www.jstor.org
This content downloaded from 62.122.79.31 on Mon, 16 Jun 2014 23:28:26 PMAll use subject to JSTOR Terms and Conditions
Egern- Jones Ratings
Changes In Credit Precede Changes In Common
Predictive Value Great Atlantic & Pacific (GAP) is another good example of how Egan-Jones adds value. The
investment implications of our ratings may give clients early warning on how a firm will perform over
a strategic timeline?while there's still time to maximize an opportunity. Compare the dates of our
rating changes to those of another major rating agency and judge for yourself
Established in 1994, the predictive value ratings from EJR are distinct, unique and different. Our investment
conclusions are applicable across asset classes because we rate the company as a whole?not individual
debt issues. We cover 1,250 widely held, large, mid, and small-cap names. Our accuracy rate has been
95% for the past eight years.* Egan-Jones has no conflicts of interest because we do not take money from the firms we cover to rate them (we are not always the most popular guys in the room). Managers interested in a potential early "heads-up" should take a brief trial.
Some clients say our work gives them a small edge. Some say a not-so-small edge.
Take a brief trial and see for yourself :
www.egan-jones.com/faj *see Hits and Misses: www.egan-jones.com/hits_misses.aspx
This content downloaded from 62.122.79.31 on Mon, 16 Jun 2014 23:28:26 PMAll use subject to JSTOR Terms and Conditions
It's a new world. Gone are the days when you could string together an assortment of invest
ment data and tools. Not only is your team
leaner, but dollars and time are tight. Frankly, you can no longer afford a patchwork solution.
The Data You Need
Gathering data shouldn't be the hard part.
Morningstar Direct includes data on all types of managers?of separate accounts/CITs,
hedge funds, and more. Extensive indexes for
benchmarking and market research. Portfolio
holdings, manager narratives, and Morningstar
commentary for a qualitative view. And it's
a snap to import your private strategies, or link
to your custodian or back office.
Rigorous Manager Due Diligence The sophisticated calculations in Morningstar Direct mean you'll spend less time "crunching numbers" and more time preparing for
that board review. Move seamlessly from task
to task?check economic and market data, review a manager's performance, and conduct
attribution analysis. Assess the performance
impact of your asset allocation decisions.
Create your own scoring systems to monitor
managers across investment types. And, with a few clicks, create fully customized
presentations integrating your corporate brand
with our award-winning design.
An Elegant All-in-One Solution
Morningstar Direct has everything you need
to simplify your processes, enhance
productivity, and save money. Join the
thousands of thoughtful people at institutions
worldwide who've consolidated multiple tools with Morningstar Direct.
Learn More
For more information, call +1 866 910-0840, email [email protected] or
visit http://global.morningstar.com/DirectAII.
?2009 Morningsiai. Inc. All rights reserved The Morningstar name and logo are registered marks of Morningstar Marks used in conjunction with Morningstar products or services are the property of Morningstar or its subsidiaries
This content downloaded from 62.122.79.31 on Mon, 16 Jun 2014 23:28:26 PMAll use subject to JSTOR Terms and Conditions