| Type | Public: NYSE: MSCI |
|---|---|
| Founded | 1969 |
| Headquarters | New York City |
| Key people | Henry A. Fernandez, CEO, Michael K. Neborak, CFO, David C. Brierwood, COO |
| Services | stock market indices portfolio analytics |
| Revenue | $661 million (2010)[1] $443 million (2009)[2] |
| Operating income | $206 million (2010)[1] $151 million (2009)[2] |
| Net income | $92 million (2010)[1] $82 million (2009)[2] |
| Employees | 2077 (2010)[1] over 2,000 (2010)[2][3] |
| Website | www.msci.com |
MSCI Inc. (NYSE: MSCI) is a provider of investment decision support tools to investment institutions. Products include indices, portfolio risk and performance analytics - for use in managing equity, fixed income and multi-asset class portfolios - and governance tools.
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In 1968, The Capital International Indices are published, the first set of global stock market indices for non-U.S. markets. In 1986, Morgan Stanley obtains from Capital exclusive rights to license the indices. The indices are branded Morgan Stanley Capital International (MSCI). In 2004, MSCI acquired Barra, Inc., to form MSCI Barra. The company is headquartered in New York City, with operations in Boston, Chicago, Stamford, Cape Town, Shanghai, Monterrey, Geneva, London, Budapest, Mumbai, Hong Kong, Philippines, Paris, Tokyo, São Paulo, Dubai, Sydney, Frankfurt, Milan, Berkeley, San Francisco, and Norman.
The MSCI global equity indices have been calculated since 1969. The company's most known indices include MSCI World and MSCI EAFE.[4] MSCI indices are widely used as the benchmark indices by which the performance of global equity portfolios are measured. They are also used as the basis of passive investment products like index funds and exchange-traded funds (ETFs). Morgan Stanley sponsored the first iShares ETFs, known at launch as WEBS, which are designed to track various MSCI indices.[5]
In mid-2007, parent company Morgan Stanley announced plans to divest from, and potentially spin-off, MSCI.[6] This was followed by an initial public offering of a minority of stock in November 2007. The divestment was completed in 2009.[7]
On June 1, 2010, MSCI formally acquired RiskMetrics Group, Inc.[8]
On July 15, 2010, MSCI acquired Measurisk.[9]