Welcome to our dedicated page for Morgan Stanley news (Ticker: MS), a resource for investors and traders seeking the latest updates and insights on Morgan Stanley stock.
Morgan Stanley (MS) is a leading American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With a global presence across 41 countries and a team of over 75,000 employees, Morgan Stanley serves a diverse range of clients including corporations, governments, institutions, and individuals.
The company operates through three main business segments: Institutional Securities, Wealth Management, and Investment Management. Approximately 45% of Morgan Stanley's net revenue comes from its Institutional Securities division, which offers services such as capital raising, financial advisory, and trading. Another 45% of net revenue is generated by the Wealth Management division, providing comprehensive wealth planning and investment advisory services to individuals and institutions. The remaining 10% of net revenue is derived from the Investment Management division, which focuses on asset management services spanning various asset classes and investment strategies.
Morgan Stanley’s extensive history can be traced back to 1924, and today, it manages over $5 trillion in client assets. The company’s revenue stream is globally diverse, with about 30% of its total revenue coming from markets outside the Americas.
Recent achievements and milestones for Morgan Stanley include significant developments through its various subsidiaries such as Morgan Stanley Capital Partners, The Michalzuk Group at Morgan Stanley, Morgan Stanley Direct Lending Fund, and Morgan Stanley Investment Management. These entities continue to drive the firm’s growth by addressing diverse client needs and expanding its investment solutions.
Key Partnerships and Projects:
- Morgan Stanley Capital Partners: Focuses on private equity investments across various sectors.
- The Michalzuk Group at Morgan Stanley: Specializes in providing bespoke wealth management solutions.
- Morgan Stanley Direct Lending Fund: Offers direct lending opportunities to middle-market companies.
- Morgan Stanley Investment Management: Manages a range of investment products including the Eaton Vance Municipal Bond Fund.
As of the end of 2023, Morgan Stanley's consistent performance and strategic initiatives underscore its commitment to delivering value to its clients and shareholders. The company’s robust financial condition and innovative solutions continue to reinforce its position as a leading global financial services provider.
Morgan Stanley Wealth Management released a report outlining six essential focus areas for family offices to target growth effectively, as these institutions are projected to grow 75% by 2030. The key pillars include: evolving governance structures, institutional-level staffing, data management, financial education for next generations, cybersecurity threat preparation, and balanced AI implementation.
The report emphasizes the importance of adaptable structures to help families express values, protect legacies, and navigate complex markets. It highlights the need for robust governance frameworks, talent pipeline development, reliable data sources, comprehensive financial education programs, and enhanced cybersecurity measures while balancing AI adoption with security considerations.
Morgan Stanley Capital Partners (MSCP) has acquired FoodScience, a provider of pet and human nutritional supplements, from Wind Point Partners. FoodScience, headquartered in Williston, Vermont, specializes in formulating, manufacturing, marketing, and distributing nutritional supplements through brands including VetriScience®, DaVinci®, and Pet Naturals®, along with private label and custom formulation services.
Sharon Rossi will continue as CEO. The acquisition marks MSCP's third investment in the Pet and Animal Health sector, following their 2020 exits from Compana Pet Brands and Thrive Pet Healthcare. Jones Day served as legal counsel and William Blair as financial advisor to MSCP.
Morgan Stanley (NYSE: MS) has declared regular dividends on multiple series of preferred stock. The dividends range from $265.63 to $2,115.31 per share, with corresponding Depositary Share equivalents. For Preferred Stock Series N, dividends are payable on December 16, 2024, to stockholders of record as of November 29, 2024. For all other series (A, C, E, F, I, K, L, O, P, and Q), payments will be made on January 15, 2025, to stockholders of record as of December 31, 2024.
Parametric Portfolio Associates, part of Morgan Stanley Investment Management (MSIM), announces the expansion of its Custom Active platform with Lazard Asset Management as a new partner. The platform now offers several new tax-optimized active equity strategies from multiple partners including Capital Group, MSIM investment teams, and Lazard. The Custom Active solution provides tax efficiency, personalization, and flexibility through separately managed accounts (SMAs). The platform operates within Parametric's $42 billion Centralized Portfolio Management business, with $4 billion in tax-managed model strategies, available to retail investors through select intermediaries and RIAs.
Eaton Vance Municipal Bond Fund (NYSE American: EIM) has announced it will conduct a tender offer for up to 5% of its outstanding common shares. This decision follows the Fund meeting the First Trigger Event conditions, where shares traded at an average discount to NAV of more than 7.5% during the measurement period of July 9, 2024, through November 8, 2024. The tender offer is expected to commence around December 10, 2024, and expire near January 9, 2025. Shareholders will be able to tender their shares at 98% of NAV per share. If the tender offer is oversubscribed, shares will be purchased on a pro-rata basis.
Morgan Stanley Expansion Capital has announced a $20 million investment in NovoPayment, a financial and payment infrastructure service provider. NovoPayment specializes in digital banking, payments, and card solutions through its vertical-focused SaaS platform. The company serves 15 markets across Latin America, the Caribbean, and the United States, offering solutions including digital wallets, instant account issuance, virtual cards, RTP, cross-border transfers, digital lending, and cash management. The funding will support NovoPayment's scaling efforts and expansion of commercial partnerships.
A federal court ruling by U.S. District Judge Paul G. Gardephe on November 7, 2024, has upheld that Morgan Stanley's deferred compensation plans are governed by ERISA (Employee Retirement Income Security Act). This decision reinforces protections against deferred compensation forfeiture for financial advisors. Law firm KlaymanToskes announces it's representing multiple financial advisors seeking to recover unpaid deferred compensation through FINRA arbitration claims. The firm, which has recovered over $250 million in FINRA arbitrations, urges advisors with deferred compensation losses exceeding $100,000 to contact them for potential claims.
Morgan Stanley Capital Partners (MSCP) has agreed to sell Sila Services, a leading residential HVAC, plumbing and electrical services provider, to Goldman Sachs Alternatives. Sila's management will retain a significant minority stake and continue leading the company. Since MSCP's investment in 2021, Sila has expanded through organic growth and strategic M&A, establishing itself as a residential services leader across the Northeast, Midwest and Mid-Atlantic regions. The company, headquartered in King of Prussia, Pennsylvania, focuses on customer service excellence and prioritizing people. Financial terms were not disclosed.
Morgan Stanley Investment Management (MSIM) has launched the Parametric Equity Plus ETF (PEPS), expanding its ETF platform to $3.3 billion in assets across 16 strategies. The new US large-cap equity ETF, listed on Nasdaq, combines direct indexing capabilities with options and risk management strategies. This launch marks Parametric's third ETF and follows the recent conversion of three active fixed income mutual funds to Eaton Vance ETFs. The platform now includes three Parametric-branded, six Calvert-branded, and seven Eaton Vance-branded strategies.
Morgan Stanley Private Equity Secondaries has completed an equity financing to combine ATSG and Evolve IP, creating a leading global IT managed services provider. The merged entity will serve over 1,700 global customers across 950,000 end-users, offering enhanced cloud services, IT managed services, cybersecurity, desktop-as-a-service, and unified communications solutions.
The transaction aims to accelerate ATSG's service capabilities and strengthen the combined organization's ability to address complex technology challenges. Morgan Stanley initially invested in ATSG through a continuation fund transaction alongside RunTide Capital in January 2021.
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