Matthew Donen is an equity analyst for Morningstar Holland BV, a wholly owned subsidiary of Morningstar, Inc. He covers European industrials, focusing on engineering and construction, cement, and other infrastructure-related companies.Before joining Morningstar in 2020, Donen spent more than two years at Nedgroup Investments in Cape Town, South Africa, where he was a generalist international-equity analyst focused on U.K.- and U.S.-listed stocks. Prior to Nedgroup Investments, he worked at RisCura Fundamentals as a senior private equity analyst.Donen holds a bachelor's degree in finance and accounting from the University of Cape Town. He holds the Chartered Financial Analyst® designation and is a Chartered Accountant, completing his articles at Ernst & Young in Cape Town.