MSCI Inc. Website

MSCI Inc.

NYSE-MSCI

Company Overview

MSCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct. The Analytics segment offers risk management, performance attribution and portfolio management content, application, and service that provides an integrated view of risk and return, and an analysis of market, credit, liquidity, and counterparty risk across asset classes; managed services, including consolidation of client portfolio data from various sources, review and reconciliation of input data and results, and customized reporting; and HedgePlatform to measure, evaluate, and monitor the risk of hedge fund investments. The ESG and Climate segment provides products and services that help institutional investors understand how ESG factors impact the long-term risk and return of their portfolio and individual security-level investments; and data, ratings, research, and tools to help investors navigate increasing regulation. The All Other Private Assets segment includes real estate market and transaction data, benchmarks, return-analytics, climate assessments and market insights for funds, investors, and managers; business intelligence to real estate owners, managers, developers, and brokers; and offers investment decision support tools for private capital. It serves asset owners and managers, financial intermediaries, wealth managers, real estate professionals, and corporates. MSCI Inc. was incorporated in 1998 and is headquartered in New York, New York.

  • Name

    MSCI Inc.

  • CEO

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  • Website

    www.msci.com

  • Sector

    Capital Markets

  • Year Founded

    1998

Company Statistics

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Bulls Say

  • MSCI has been a big beneficiary of the shift to passive investments, and it will particularly benefit if non-US equity markets, which have underperformed the US market, rebound sharply.

  • Institutional investors prefer to work with asset managers that license benchmarks aligned with their mandates; this is a substantial advantage for MSCI and should lend itself to strong pricing power, particularly as non-US equity markets have fared well recently.

  • With Real Capital Analytics and Burgiss, MSCI may benefit more than the market expects from the growth in private asset investing.

Bears Say

  • With the rise of passive investing, MSCI's index revenue is now more closely linked to asset-based fees, which are more cyclical in nature.

  • MSCI faces key customer risk, with about 10% of its revenue derived from BlackRock, which could exercise its more meaningful negotiating power to seek lower fees for index licensing. In addition, BlackRock’s technology unit (Aladdin) competes with MSCI Analytics.

  • Outflows, fee compression, and weak markets could make it hard for MSCI to generate new sales to active asset managers, its largest subscription client segment.

Source: Morningstar Analysis - Nov 20, 2025

What's happening

Nov 18, 2025 - Dec 18, 2025

MSCI Inc Faces Challenges Amid Market Dynamics and Investor Sentiment

  • CEO Henry A. Fernandez's personal investment of $6.7 million in MSCI shares signals confidence amidst uncertainties.
  • Potential removal of MicroStrategy from MSCI indices raises concerns about index composition and investor sentiment.
  • Collaborations to enhance ESG ratings highlight MSCI’s commitment to environmental standards, appealing to institutional investors.

Over the past month, MSCI's stock declined by 1.2%, significantly underperforming relative to the S&P 500, which returned 2.0%. This performance gap of -3.2% underscores a challenging period for the company as it navigated various market dynamics and shifting investor sentiments. Several bearish events contributed to this downturn, including RBC Capital's decision to lower its price target for MSCI from $675.00 to $655.00 while maintaining an Outperform rating, raising concerns among investors regarding future growth prospects.

The potential removal of MicroStrategy from MSCI indices further unsettled the market due to implications that could disrupt index composition and negatively influence investor sentiment towards MSCI stocks amid significant movements in cryptocurrency markets like Bitcoin. Discussions on social media reflected apprehensions regarding possible exclusions of Digital Asset Treasury stocks from indices, with MicroStrategy being a focal point because its perceived value is closely tied to Bitcoin holdings.

Despite these challenges, there were positive developments that provided brief moments of optimism for investors during this period. Notably, CEO Henry A. Fernandez made a substantial personal investment by acquiring 12,500 shares valued at $6.7 million—often interpreted as confidence in the company's future performance despite prevailing uncertainties surrounding index compositions and strategic direction.

Additionally, collaborations aimed at enhancing ESG ratings through partnerships with organizations like Sustainalytics showcased MSCI’s commitment to environmental standards—a factor increasingly important for institutional investors today. Leadership changes within the company also indicated potential shifts in strategy; notably C.D Baer Pettit announced his retirement effective March 2026.

Overall trends reflected that despite some bullish signals regarding innovation through AI integration and new index inclusions like Mineros into emerging markets indices such as Colombia Small Cap Index—MSCI Inc underperformed not only against broader market benchmarks but also lagged behind sector peers within Financials (XLF) by -7.4%.

NYSE:MSCI