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 (NYSE: MS) generates frequent news across investment banking, securities, wealth management and investment management activities. The firm regularly issues press releases on quarterly and annual earnings, capital actions, new investment products and significant transactions, providing investors and market participants with updates on its operations.
Recent announcements include the release of fourth quarter and full year financial results, accompanied by a strategic update presentation and investor conference call. Morgan Stanley also reports on dividends for its various preferred stock series and decisions regarding common stock dividends and share repurchase programs, reflecting its capital management policies.
Through Morgan Stanley Investment Management and related platforms, the firm discloses news about product development and asset growth. Examples include the ETF platform surpassing $10 billion in assets under management and the filing of initial registration statements with the SEC for proposed exchange‑traded products such as Morgan Stanley Bitcoin Trust and Morgan Stanley Solana Trust, which are described as passive vehicles seeking to track the price performance of the relevant cryptocurrency, subject to regulatory approval.
Morgan Stanley Capital Partners and Morgan Stanley Real Estate Investing also feature in news items, such as majority investments in private companies, exits from portfolio holdings, acquisitions of logistics and senior housing assets and other real estate transactions. Corporate governance and leadership developments, including the appointment of new Managing Directors, are also publicly announced.
Visitors to this news page can review these types of updates to understand how Morgan Stanley’s businesses evolve over time, how it approaches capital and product development, and how its various investment platforms engage in private equity, real estate and listed fund activities.
Morgan Stanley has launched the 2021 Strategy Challenge, a 11-week pro bono program where employees in New York and London will collaborate with 12 nonprofit organizations. The initiative aims to provide strategic recommendations to help these organizations overcome critical challenges exacerbated by the COVID-19 pandemic. Notable participating nonprofits include Center for Urban Families and Great Ormond Street Hospital Children’s Charity. This program showcases Morgan Stanley's commitment to social responsibility and community support.
Morgan Stanley announced the complete redemption of its Series J Fixed-to-Floating Rate Non-Cumulative Preferred Stock and corresponding Depositary Shares, effective April 15, 2021. Each Series J Depositary Share, with a liquidation preference of $25,000 per share, will be redeemed at $1,000. This does not include the previously declared dividend of $10.12813 per share, payable to holders of record on the redemption date. Following the redemption, the shares will no longer be deemed outstanding, and dividends will cease to accrue.
The Eaton Vance Floating-Rate Income Plus Fund (NYSE: EFF) has announced a plan for liquidation and termination, subject to shareholder approval at the annual meeting on May 14, 2021. The Board has recommended voting for this plan. Following Morgan Stanley's acquisition of Eaton Vance Corp on March 1, 2021, a new investment advisory agreement was not approved, necessitating an interim agreement for fund management. Shareholders are encouraged to review the upcoming proxy statement from the SEC, which will contain further essential details about the liquidation process.
Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) announced a conditional cash tender offer for up to 25% of its outstanding shares at 99% of the net asset value. The tender offer is contingent upon shareholder approval of a new advisory agreement with Eaton Vance Management. If approved, the fund plans to increase its monthly distribution rate to an annual 10% of net asset value, a 45% increase from the current $0.075 per share. A special shareholder meeting is set for May 7, 2021, to vote on the advisory agreement.
Summary not available.
Franck Petitgas, Head of Morgan Stanley International, is set to speak at the 17th Annual Morgan Stanley European Financials Conference on March 17, 2021, at 11:00 a.m. GMT (7:00 a.m. ET). The conference will be held virtually, and both live and on-demand webcasts will be accessible through the Investor Relations section of Morgan Stanley's website. Morgan Stanley (NYSE: MS) is a global financial services firm offering investment banking, securities, and wealth management services across 41 countries.
Morgan Stanley Wealth Management honored 18 professionals as part of its partnership with MAKERS, celebrating women's achievements across various fields. Andy Saperstein emphasized the profound impact of these individuals on clients and communities. Shelley O’Connor highlighted the lasting influence of these leaders on future generations of women. The MAKERS platform, launched in 2012, connects leading female employees and promotes advocacy within the corporate structure. For detailed profiles, the 2021 MAKERS will be featured on the Morgan Stanley Forum throughout the year.
Morgan Stanley (NYSE: MS) has successfully completed its acquisition of Eaton Vance Corp., involving a mix of stock and cash. Shareholders of Eaton Vance received 0.5833 shares of Morgan Stanley and $28.25 in cash for each share, plus a special dividend of $4.25 paid on December 18, 2020. This strategic move aims to enhance Morgan Stanley's fee-based revenue, bringing total client assets under management to $5.4 trillion. The merger is expected to combine investment capabilities and distribution strengths, enhancing value for clients.
A new study by the Morgan Stanley Institute for Sustainable Investing reveals that sustainable investing funds outperformed traditional funds in 2020, offering stronger returns and reduced risk during market volatility. Key findings include:
- A median total return of 4.3% higher for sustainable equity funds and 0.9% for sustainable taxable bond funds compared to traditional counterparts.
- Sustainable funds demonstrated lower median downside deviation, indicating reduced risk.
This underscores the reliability of sustainable investments, debunking myths of performance sacrifice.
On February 19, 2021, shareholders of Calvert Funds approved new investment advisory and sub-advisory agreements as part of the ongoing acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS), originally announced on October 8, 2020. The Calvert Funds include various investment vehicles such as the High Yield Bond Fund and Global Energy Solutions Fund. These approvals are critical steps in the acquisition process, with the vote results to be published in future shareholder reports, as certified by Computershare Fund Services.