MSCI – Wikipedia

American fiscal avail provider
MSCI Inc. is an american finance party headquartered in New York City. MSCI is a ball-shaped supplier of fairness, fix income, real estate indexes, multi-asset portfolio analysis tools, ESG and climate products. It operates the MSCI World, MSCI All Country World Index ( ACWI ), MSCI Emerging Markets Indexes. The company is headquartered at 7 World Trade Center in Manhattan, New York City, U.S .

history [edit ]

In 1968, Capital International published indexes covering the global store grocery store 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. [ 5 ] By the 1980s, the MSCI indexes were the chief benchmark indexes outside of the U.S. before being joined by FTSE, Citibank, and Standard & Poor ‘s. [ 6 ] After Dow Jones started float weighting its index funds, MSCI followed. [ 6 ] In 2004, MSCI acquired Barra, Inc., to form MSCI Barra. [ 7 ] In mid-2007, parent ship’s company Morgan Stanley decided to divest MSCI. [ 8 ] This was followed by an initial public offering of a minority of stock in November 2007. [ 9 ] The divestment was completed in 2009. [ 10 ] The company is headquartered in New York City. [ 11 ]

Some companies in MSCI ‘s peer group includes Glass Lewis, Factset, Sovereign Wealth Fund Institute, and Standard & Poor ‘s .

Acquisitions [edit ]

In 2010 MSCI acquired RiskMetrics Group, Inc. [ 12 ] and Measurisk. [ 13 ] In 2012 MSCI acquired Investment Property Databank. [ 14 ] In 2013, MSCI acquired Investor Force from ICG Group ( once Internet Capital Group ). [ 15 ] In August 2014, MSCI acquired GMI Ratings. [ 16 ]

In October 2019, MSCI acquired Carbon Delta, a Zurich-based climate exchange analytics caller. [ 17 ] In September 2021, MSCI acquired Real Capital Analytics. [ 18 ]

Indexes [edit ]

The MSCI ball-shaped fairness indexes have been calculated since 1969 and include MSCI World [ 19 ] and MSCI EAFE. [ 20 ] Initially, the company used eight factors in developing its indexes : momentum, volatility, value, size, growth, size nonlinearity, liquid, and fiscal leverage. [ 21 ]

inclusion of taiwanese stocks [edit ]

In 2018 MSCI announced it would begin including mainland taiwanese “ A ” shares in its MSCI Emerging Markets Index. Initially the domestic taiwanese companies received a 5 % slant in the index. MSCI is the last major index supplier to include the companies, but some investors have questioned the risk as many Chinese listed companies refuse to permit the Public Company Accounting Oversight Board to inspect their fiscal records. The action of including chinese stocks into MSCI EM Index besides received criticism and questions from Senator Marco Rubio and some others regarding the U.S. national security. [ 22 ] [ 23 ] [ 24 ] [ 25 ]

In February 2019, The Wall Street Journal reported the decision was the consequence of pressure from the chinese government according to people familiar with the matter. [ 26 ] The New York Times reported that “ The chinese government long sought MSCI inclusion because it could help establish Shanghai and Shenzhen as global fiscal centers. ” [ 27 ] MSCI head executive and president Henry Fernandez stated there was “ zero politics ” behind the decision. [ 25 ] In March 2019, CNBC reported that MSCI have a future plan of inclusion body based on market capitalization of mainland Chinese shares in its global benchmark, [ 28 ] which will finally lead to ca. 40 % weights of its global emergent markets index. [ 29 ] [ 30 ] In April 2020, it was reported that Donald Trump was considering an executive action to prohibit the Thrift Savings plan from transferring $ 50 billion to mirror the MSCI All Country World Index fund. [ 31 ] In December 2020, MSCI announced that it would strip its indexes of seven chinese companies in response to Executive Order 13959. [ 32 ] [ 33 ] Although the A contribution full inclusion plan was noted by investors years ago, it hush has not been realized as of 2022. [ 34 ]

References [edit ]

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