MSCI
 |
|
| Public | |
| Traded as | NYSE: MSCI S&P 400 Component |
| Founded | 1969 |
| Headquarters | Seven World Trade Center New York City |
|
Key people
|
Henry A. Fernandez, CEO, Robert Qutub, CFO, Baer Pettit, Index Head |
| Services | stock market indexes portfolio analytics |
| Revenue | $661 million (2010)[1] $443 million (2009)[2] |
| $206 million (2010)[1] $151 million (2009)[2] |
|
| $92 million (2010)[1] $82 million (2009)[2] |
|
|
Number of employees
|
1600 (2016)[2][3] |
| Website | www |
MSCI Inc. (formerly Morgan Stanley Capital International and then MSCI Barra), is a US-based provider of equity, fixed income, and hedge fund stock market indexes, and equity portfolio analysis tools. It publishes the MSCI BRIC, MSCI World and MSCI EAFE Indexes.
History[edit]
In 1968, Capital International published indices covering the global stock market for non-U.S. markets. In 1986, Morgan Stanley licensed the rights to the indexes from Capital International and branded the indexes as the Morgan Stanley Capital International (MSCI) indexes.[4] By the 1980s, the MSCI indexes were the primary benchmark indexes outside of the US before being joined by FTSE, Citibank and Standard & Poor's.[5] After Dow Jones started float weighting its index funds, MSCI followed.[5] In 2004, MSCI acquired Barra, Inc., to form MSCI Barra.[6] In mid-2007, parent company Morgan Stanley decided to divest from, and perhaps spin off, MSCI.[7] This was followed by an initial public offering of a minority of stock in November 2007.[8] The divestment was completed in 2009.[9] The company is headquartered in New York City.[10]
Acquisitions[edit]
MSCI formally acquired both RiskMetrics Group, Inc.[11] and Measurisk[12] in 2010, as well as Investment Property Databank in 2012.[13] In 2013 MSCI acquired Investor Force from ICG Group (formerly Internet Capital Group) in 2013.[14] In August 2014, MSCI acquired GMI Ratings.[15]
Indices[edit]
The MSCI global equity indexes have been calculated since 1969 and include MSCI World[16] and MSCI EAFE.[17] Initially, the company used eight factors in developing its indexes: momentum, volatility, value, size, growth, size nonlinearity, liquidity and financial leverage.[18]
References[edit]
- ^ a b c "MSCI 2010 Annual Report" (PDF). Retrieved 2011-04-29.
- ^ a b c d "MSCI 2009 Annual Report" (PDF).
- ^ "About MSCI". MSCI. Retrieved 2011-04-20. employee count at MSCI's website
- ^ Frank J. Fabozzi; Harry M. Markowitz. The Theory and Practice of Investment Management. 160.
- ^ a b Gastineau, Gary L. (2002-02-14). The Exchange-Traded Funds Manual. John Wiley & Sons. p. 35. ISBN 9780471218944. Retrieved 18 November 2015.
- ^ Lawrence Carrel. ETFs for the Long Run: What They Are, How They Work, and Simple Strategies. John Wiley. p. 94.
- ^ "Morgan to take MSCI public". Investment News.
- ^ "MSCI Barra Spinoff Provides Look At Indexers' Inner Workings". Seeking Alpha. September 17, 2007.
- ^ "FAQ". MSCI, Inc. Retrieved 2008-04-24.
- ^ Giang Nguyen (April 28, 2016). "Frontier Vietnam Eyes Step Up to Emerging-Market Big Leagues". Bloomberg.
- ^ AARON LUCCHETTI (March 2, 2010). "MSCI Seizes RiskMetrics in Union of Niche Firms". Wall Street Journal.
- ^ "MSCI Scores Measurisk From JPMorgan". Forbes. July 15, 2010.
- ^ "People moves: IPD co-founder, former CEO leave MSCI", realestate.ipe.com, 18 February 2016.
- ^ Lozada, Aaron. "MSCI completes acquisition of Investor Force". SNL News. SNL Financial LC. Retrieved 8 February 2013.
- ^ Mara Stein (March 11, 2016). "Battle to Grade ESG Investments Heats Up". Wall Street Journal.
- ^ Robert R. Johnson; Gerald R. Jensen & Luis Garcia-Feijoo (2015). Invest with the Fed: Maximizing Portfolio Performance by Following Federal Reserve Policy. McGraw Hill Professional. p. 165.
- ^ V S Somanath. International Financial Management. p. 288.
- ^ Drake, Pamela Peterson; Fabozzi, Frank J. (2012-10-01). Analysis of Financial Statements. John Wiley & Sons. p. 292. ISBN 9781118331910. Retrieved 18 November 2015.
