Reforms are finally coming, but at a stiff price.
The Brexit vote will have wide-reaching implications for our European financials coverage universe.
Few competitors can match its profit margins or breadth of product offerings in custody.
The Department of Labor's proposed rule could affect around $3 trillion of client assets and $19 billion of revenue at full-service wealth management firms.
Investors see banking crises as the result of extraordinary circumstances--chiefly, unforeseeable economic shocks. We disagree.
The difference between traditional and alternative managers affects how we treat them in a downturn.
Apollo is one of the best-positioned alternative asset managers in credit today, writes Morningstar’s Stephen Ellis.
Many of these misunderstood firms are currently undervalued.
We think that as alternative asset flows consolidate around a few select global managers, Ares will benefit.
In today's market, we think careful stock-picking will be rewarded. Plus, we look at the impact of rising interest rates on banks and of ETFs on the traditional asset management industry.
Positioned to benefit from the shift to nontraditional lenders, narrow-moat Apollo now needs to ensure the success of the Athene merger.
Bargains are still hard to find in financial services, as the U.S. mortgage market is stuck in limbo and housing bubble concerns rise in Canada.
This structurally attractive and generally misunderstood industry offers investors opportunities in a fairly valued market.
The sector is feeling the pressure from regulators and appears to be fairly valued overall.
Apollo looks to be one of the best-positioned alternative asset managers in credit.
The CCAR revealed concerns about several major banks' capital plans, including those at B of A and Citigroup, which likely will discourage shareholders in the near term.
The rapid increase of online and mobile banking is streamlining transactions, reducing costs, and making the traditional bank branch a relic of an earlier era.
The Volcker Rule is finalized, so now banks need to worry about complying with it.
Morningstar's 2012 CEO of the Year might be stepping down, but NOV is still in good hands.
Cleaning up the once-unfixable Pemex through energy reforms means growth for oil services.
U.S. oil production shows strength, while political turmoil threatens the global oil supply outlook.
U.S. growth in oil production has grabbed investors’ attention, but Iraq still remains important to the global oil picture.
Once again, the remarkable surge in U.S. crude oil production is a sight to behold.
Transocean faces some interesting dividend and director proposals at its May meeting.
One of the biggest pain points for E&Ps today is managing the large volume of water needed to properly fracture tight oil and gas wells.
Venezuelan oil politics loom large within the energy sector today.
Near-term cyclical pressures and investments are weighing on margins.
Offshore drillers face potential downtime headwinds in 2013, but this is unlikely to affect our fair value estimates.
We think these concerns are unfairly punishing this wide-moat firm.
Our winner has done a stellar job at capital allocation, identifying major industry trends, investing billions in capital ahead of the shifts, and then executing brilliantly on deals.
We've introduced a new marginal cost estimate for domestic natural gas.
We're finally seeing some catalysts that could drive natural gas and associated firms much higher during the next 12 to 18 months.
Industry's near-term outlook is poor, but attractive trends and a differentiated business model help this company stand out.
North America has peaked for now, but international shows promise.
The move toward shale plays has elevated the importance of quality rigs.
The 2012 outlook for the offshore drilling firm appears very difficult.
Stellar line of products gives oil services firm a golden opportunity.
National Oilwell Varco and Schlumberger now have wide economic moats.
A red-hot sector is set up to continue its winning ways.
We think Halliburton represents an attractive opportunity at today's levels.
We think the short-term outlook is fairly murky, but remains bright long-term.
This firm's distribution business is boring, yet we think the stock can deliver lucrative returns.
The offshore drilling firm's profit potential and its prudent approach to the future make us think its shares are a risk worth taking.
We drill down to the potential risks and rewards for oil services in Iraq.
Which firms will benefit the most from higher levels of deep-water activity?
We look back at the industry's third quarter and offer early thoughts on 2010.
We discuss the industry's second-quarter results and highlight our top picks.
Our thoughts on the offshore industry's second-quarter results.
Which firms have the competitive advantages to outperform?
What happens to oil services firms in Russia now?