Morningstar has strengthened its index capabilities while securing a renewed agreement for CRSP benchmarks to underpin key Vanguard funds.

Morningstar has completed its acquisition of the  Center  for Research in Security Prices (CRSP) from the University of Chicago for US$365m, according to a statement issued by the company. The addition of CRSP furthers our efforts to disrupt the costly, entrenched index industry - Amelia Furr, Morningstar Indexes The transaction, which  remains  subject to customary adjustments, brings CRSP’s  long- established  US equity market indexes into Morningstar's