Welcome to our dedicated page for MSCI news (Ticker: MSCI), a resource for investors and traders seeking the latest updates and insights on MSCI stock.
MSCI, Inc. (symbol: MSCI) is a prominent player in the capital markets industry, headquartered at 395 Hudson St, New York, New York, United States. The company's mission is to empower investors to build better portfolios for a better world. With a diversified range of services, MSCI stands out in the market.
Core Business Segments:
- Index Segment: This is MSCI's largest and most profitable segment, providing essential benchmarking services to asset managers and asset owners. The company supports over $1.4 trillion in ETF assets linked to its indexes.
- Analytics Segment: MSCI offers advanced portfolio management and risk management analytics software. These tools serve asset managers and owners by delivering actionable insights for more informed decision-making.
- ESG and Climate: Introduced in 2021, this segment provides comprehensive ESG (Environmental, Social, and Governance) data to the investment industry, aiding investors in evaluating sustainability and ethical impacts.
- Private Assets: This segment delivers detailed real estate reporting, market data, benchmarking, and analytics to investors and real estate managers, facilitating better market assessments and investment strategies.
Recent Achievements and Current Projects:
- MSCI continues to enhance its indexing and analytics capabilities to meet the evolving needs of its clients.
- The company is investing in cutting-edge technology to refine its ESG data offerings, reflecting the growing emphasis on sustainable investing.
- Ongoing projects in the private assets segment aim to provide even more precise market data and analytics, bolstering the company's position in the real estate investment sphere.
Financial Condition: MSCI maintains a robust financial condition, underpinned by its diverse revenue streams and significant market presence. The company's focus on innovation and customer-centric solutions drives its continued growth and stability.
Partnerships and Products: MSCI collaborates with leading asset managers, financial institutions, and real estate managers worldwide. Its suite of products, including indexes, risk management tools, and ESG data, is highly regarded for accuracy and reliability.
Staying informed about MSCI's latest updates and developments is crucial for stakeholders. With its strong commitment to innovation and excellence, MSCI remains a key player in the capital markets industry.
MSCI reported strong financial results for Q1 2021, with operating revenues of $478.4 million, a 14.8% increase year-over-year. Key highlights include diluted EPS of $2.36, up 36.4%, and adjusted EBITDA margin of 57.8%, reflecting a robust operational performance. The company demonstrated solid recurring subscription revenue growth of 10.9% and a remarkable 26.5% rise in asset-based fees. The retention rate improved to 96.3%. MSCI anticipates higher operating expenses for 2021 with guidance set for $885 to $920 million.
MSCI announced a collaboration with Royalty Pharma to enhance its thematic index suite, focusing on companies in virology and oncology. This partnership aims to design indexes that will capture innovative therapeutic treatments in the life sciences sector. Royalty Pharma will provide its expertise in medical conditions and clinical trials to assist MSCI in creating an effective classification framework. The initial indexes are set to launch later this year, with the potential to influence investment strategies targeting the evolving biotechnology field.
MSCI Inc. (NYSE: MSCI) will release its Q1 2021 financial results on April 27, 2021. The earnings release, presentation, and quarterly update will be available on its Investor Relations homepage. Senior management will discuss these results during a live event at 11:00 AM ET, accessible via their website or by phone. An archived version of the webcast will also be available shortly after. MSCI provides critical tools for investment decision-making, leveraging over 50 years of expertise to enhance portfolio management and risk analysis.
MSCI Inc. (NYSE: MSCI) has successfully completed a private offering of $500 million in 3.625% senior unsecured notes, maturing on September 1, 2030. This issuance is fully fungible with existing notes issued in March 2020. Proceeds will fund the redemption or repurchase of $500 million of 4.750% senior unsecured notes due 2026. MSCI anticipates added expenses from this redemption, which will be excluded from adjusted earnings per share calculations. The offering is limited to qualified institutional buyers and certain non-U.S. persons, and the notes are not registered under the Securities Act.
MSCI priced its private offering of $500 million in 3.625% senior unsecured notes due 2030, with an issue price of 100.750%. The interest will be payable semi-annually, beginning September 1, 2021. The offering will settle on March 26, 2021. Proceeds will be used to redeem all $500 million of its 4.750% senior unsecured notes due 2026. The notes will be senior unsecured obligations guaranteed by MSCI and certain subsidiaries. The offering targets qualified institutional buyers and non-U.S. persons.
MSCI Inc. (NYSE: MSCI) plans to issue $500 million in senior unsecured notes due 2030 in a private offering exempt from SEC registration. This issuance will be fungible with previously issued 3.625% senior notes due 2030. The funds will be used to redeem existing 4.750% senior notes due 2026, along with related costs. The offering is contingent on market conditions and is targeted at qualified institutional buyers and non-U.S. persons under specific regulations. MSCI emphasizes its experience in investment research and decision support.
MSCI Inc. (NYSE: MSCI) announced the retirement of director Benjamin F. duPont from the Board, effective after the 2021 annual meeting scheduled for April 27, 2021. Mr. duPont has served on the Board since shortly after MSCI’s IPO in 2007, contributing significantly to the company's growth and strategic direction. His departure will reduce the Board size to nine members. Chairman Henry A. Fernandez expressed gratitude for duPont's valuable contributions to the company.
First Industrial Realty Trust (NYSE: FR) has appointed Marcus L. Smith to its board of directors, where he will contribute to the investment and nominating/corporate governance committees. Smith, a former director at MSCI and portfolio manager at MFS Investment Management, brings extensive experience in equity management. Matthew S. Dominski, chairman of the board, expressed enthusiasm about the addition, noting the benefits of Smith's investment expertise. First Industrial Realty Trust is a prominent owner and developer of industrial real estate, managing approximately 64.1 million square feet of industrial space as of December 31, 2020.
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