MSCI, Inc. - MSCI STOCK NEWS

Masttro, a wealth tech provider, has appointed Jay McNamara as Chief Executive Officer, effective immediately. McNamara brings over 25 years of financial services experience, previously serving on MSCI Inc.'s Executive Committee and as President of Burgiss, where he expanded the client base to over 1,000 across 40 countries before its MSCI acquisition in 2023.

The appointment comes as the industry prepares for an $84 trillion wealth transfer to younger generations over the next two decades. Former CEO Padman Perumal will transition to a board advisor role. In 2024, Masttro achieved significant global revenue growth, adding over 75 high-profile clients, including leading financial institutions.

McNamara's appointment aligns with Masttro's strategy to strengthen its position in serving ultra-high-net-worth and high-net-worth clients through partnerships with family offices, RIAs, asset management companies, banks, and professional services firms.

MSCI Inc. (NYSE: MSCI) has appointed June Yang, former Vice President of Cloud AI and Industry Solutions at Google Cloud Inc., to its Board of Directors as an independent director. Yang brings extensive expertise in cloud computing, artificial intelligence, and data-driven solutions. At Google Cloud, she led AI products and solutions development from 2021 to 2023, previously serving as VP and GM of Google Compute, AI Infrastructure and Block Storage. Her prior experience includes leadership roles at VMware in engineering and product management. Yang currently serves on the boards of NetApp and UiPath, and holds degrees from Caltech, UC Berkeley, and Stanford.

MSCI has published an investor presentation on its Investor Relations website, which will be available at ir.msci.com. The presentation, released on November 26, 2024, may be used by the company's management during meetings with investors and analysts. MSCI, listed on the NYSE under the ticker MSCI, provides critical decision support tools and services for the global investment community.

Baron Capital hosted its 31st Annual Baron Investment Conference at the Metropolitan Opera House, attracting over 5,000 shareholders and clients. The event featured presentations from CEOs of key portfolio companies, including MSCI, Verisk Analytics, Red Rock Resorts, and SpaceX. The conference theme was 'building legacy,' focusing on investments that enable middle-class Americans to participate in the country's growth. The event included entertainment performances by Michael Bublé, Carrie Underwood, and others, plus Tesla Model S vehicles as door prizes and displays of Tesla's Optimus robot.

MSCI, a leading provider of critical decision support tools and services, has published a corporate responsibility presentation for investors on its Investor Relations homepage. This presentation, available at ir.msci.com, was released on Thursday, November 14, 2024. The company's management may use this presentation during meetings with investors and analysts.

MSCI (NYSE: MSCI) has announced its management team's participation in two upcoming investor conferences. Chief Financial Officer Andrew Wiechmann will attend the J.P. Morgan Ultimate Services Investor Conference on November 14, 2024, at 11:30 AM ET. Head of Analytics Jorge Mina will participate in the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on November 19, 2024, at 3:20 PM ET. Live webcasts and replays will be accessible through MSCI's Investor Relations website.

MSCI Inc. announced the results of its November 2024 Index Review for MSCI Equity Indexes, with changes effective November 25, 2024. Key changes include: 22 additions and 57 deletions from the MSCI ACWI Index. Notable additions to the World Index include Spotify Technology, Carvana A, and Cvc Capital. The Emerging Markets Index will add International Games System Co, Kalyan Jewellers India, and Oberoi Realty. The ACWI Small Cap Index will see 141 additions and 219 deletions, while the Frontier Markets Index will have 4 additions and 5 deletions.

MSCI Inc. (NYSE:MSCI) has scheduled the announcement of its November 2024 Index Review results for November 06, 2024. The review encompasses multiple indexes including the MSCI Global Standard, Global Small Cap, Micro Cap, Global Value and Growth, Frontier Markets, US Equity, US REIT, and China indexes. All changes will be implemented at the close of November 25, 2024. The results will be posted on MSCI's website after 11:00 p.m. CET, with summaries available on Bloomberg and Reuters.

MSCI reported strong Q3 2024 financial results with operating revenues of $724.7 million, up 15.9% year-over-year. The company achieved organic operating revenue growth of 11.1%, with recurring subscription revenues up 15.4% and asset-based fees up 19.5%. Operating margin was 55.4%, while adjusted EBITDA margin reached 62.2%. Diluted EPS increased 9.2% to $3.57, and adjusted EPS grew 11.9% to $3.86. The company maintained a strong retention rate of 94.2% and repurchased 380,397 shares for $198.7 million. The MSCI Board authorized an additional $1.5 billion share repurchase program and declared a Q4 2024 cash dividend of $1.60 per share.