noting that Don and his team spent considerable time on the acquisition and its integration. It’s an important  transaction for us and gives us a strong position in fund ratings and research for the  UK market. Another focus was the expansion of our  ETF coverage. Scott Burns leads this effort for us and has great insights  on the market. We’ve quadrupled our  ETF analyst staff over the past year to 16 globally. Our analyst staff  helped launch  ETF centers on our European websites and hosted our first ETF conference in the United States. We also restarted our closed-end fund research with the launch of the Closed-End Fund Weekly on  Morningstar.com. Longtime followers of Morningstar will remember that we used to publish research on  closed-end funds. With the closed-end market fairly quiet over the last decade, we pulled back analyst coverage  but maintained data coverage. Now the growth of  ETFs means there’s more interest in exchange- traded managed products. So we’re once again devoting analyst coverage to closed-end funds. That’s an  exciting initiative, as there are many untold stories in the closed-end world that can present compelling  investment opportunities. We also significantly improved our coverage of  529 college savings plans. Previously, we produced an annual  list of the five best and five worst  529 plans, but there were many state plans we didn’t cover. In 2010 we  produced ratings and comprehensive reports on  53 of the largest plans. For the first time, we’re providing ratings  on each plan as well as the underlying investment options. Cathy Odelbo heads our equity and credit research teams. Cathy has done an extraordinary job building  our equity research capabilities over the years and, more recently, building on those abilities to launch research  on corporate credit issuers. We increased our corporate credit ratings from  100 to more than 720 in 2010  Morningstar, Inc. 2010 Annual Report 11