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In a move aimed at bridging the information gap in specialized credit markets, Morningstar has announced a strategic collaboration with investment bank Houlihan Lokey. This partnership involves developing a new suite of daily valuation indexes specifically for the Collateralized Loan Obligation (CLO) market. The project aims to provide investors with independent investment insights and daily market data for this complex asset class.
This partnership comes at a time of significant growth in the private credit and structured debt markets, as investors seek more precise pricing tools amid global interest rate volatility. Compared to peers, providing daily valuations places the alliance in direct competition with data providers like Bloomberg and ICE, who dominate fixed-income pricing. Per market data, this strategic expansion strengthens Morningstar's position in specialized financial data beyond traditional equity research.
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Sign InRegarding stock performance, MORN stood at $156.21 (close June 23, 2026), while HLI closed at $140.77 (close June 18, 2026). Traders should monitor upcoming inflation data from Japan and the US in the coming days, as monetary policy shifts directly impact the attractiveness of CLO yields and financing costs in global markets.