The recent news provides an encompassing look into the performance and future of MSCI Inc.. It commences with the underperformance of MSCI Inc. stock compared to its competitors. However, MSCI Inc. added MicroStrategy and a few Indian companies to its indexes, notwithstanding the fact that its' share price doesn't quite add up. The short-selling ban in Korea is impeding MSCI index's upgrade. Despite this, with its EPS growth and more, MSCI makes an interesting case.
In addition, Envestnet Asset Management Inc. acquired 6901 shares of iShares ESG Advanced MSCI EAFE ETF, while MSCI tweaks could fuel $2 billion inflows in Indian stocks. The news also highlights that Bitcoin-Proxy MicroStrategy was added to MSCI World Stock Index, and Northern Trust Corp bought shares of iShares Core MSCI EAFE ETF. However, there is a drastic reduction in the HSBC Holdings PLC's shares of iShares MSCI Turkey ETF.
Despite MSCI's Q1 revenue missing estimates due to subscription cancellations, there is an expectation that MSCI could potentially drag private markets out of the shadows. Notably, the investor sentiment about China is lessening, as demonstrated by MSCI's removal of swath of China stocks from its indexes as the markets sink. More so after the MSCI cuts dozens of companies from its China benchmark during the stock market rout.
Msci Stocks MSCI News Analytics from Mon, 17 Jul 2023 07:00:00 GMT to Sun, 09 Jun 2024 12:21:16 GMT - Rating -2 - Innovation 3 - Information 4 - Rumor -3