SHAUN LER News & Analysis

The 171-year-old wealth manager has had its scandals but there's merit to its turnaround strategy and the quality of its other assets, says...

BNPL products such as Zip Co help boost consumer spending but they come with risks and are overvalued, says Morningstar analyst Shaun Ler.

But the BNPL star is overvalued in the eyes of Morningstar's Shaun Ler because it remains a finance company and must be valued like one.