Morningstar will be acquiring Seeds Group, a provider of investment consulting services and fund research in France.

The companies expect to complete the deal within the next few months. Seeds Group was founded in 2002 and offers investment consulting services to pension funds, insurance companies, asset managers, banks, and brokerage firms. With more than 30 clients, the company and its affiliates specialize in asset liability management (ALM), manager selection, plan construction, risk, and portfolio management in alternative investments and active strategies.

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