MSCI Inc.: directors' dealings · United States · SEC (Form 4)

About MSCI Inc.

MSCI Inc. is a U.S.-based company listed on the NYSE under the ticker MSCI, with headquarters in New York, United States. Its roots go back to 1969, when it introduced its first global equity indexes under the Morgan Stanley Capital International franchise. Over time, MSCI expanded beyond indexing by incorporating Barra’s equity risk analytics franchise and by building a broad suite of data, analytics, and decision-support tools for institutional investors. For international equity investors, MSCI should be viewed less as a traditional asset manager and more as a financial-market infrastructure and information business whose moat is built on proprietary data, benchmark indexes, risk models, and workflow tools. MSCI’s business is organized around several complementary lines. Its core legacy franchise remains indexing, where MSCI-branded equity and fixed-income indexes are widely used as benchmarks and as the foundation for a large ecosystem of ETFs and indexed products. The company also provides portfolio analytics and risk management tools that help clients assess exposures, performance, factor sensitivities, and portfolio construction decisions. In addition, MSCI has developed ESG and climate solutions, which have become an increasingly important strategic pillar, and it has expanded into private assets with data and tools for private equity, private credit, and other private market workflows. Its client base includes asset managers, hedge funds, wealth managers, banks, insurers, pension funds, and corporates. From a competitive standpoint, MSCI enjoys a strong market position thanks to the recurring nature of its revenues, high switching costs, and the depth of its proprietary datasets and methodologies. Its indexes are deeply embedded in the global investment ecosystem. In 2025, MSCI said ETF assets tracking its equity indexes surpassed $2 trillion, while more than $17 trillion of assets were benchmarked to MSCI indexes overall. That scale reinforces MSCI’s status as a reference provider in global investing. The company also says it calculates nearly 300,000 equity and fixed-income indexes daily and serves leading institutional clients across regions. Recent developments underscore MSCI’s push to broaden its platform. In first-quarter 2026 results, the company reported solid revenue growth, strong asset-based fee momentum, and continued subscription sales strength. In February 2026, MSCI unveiled new AI connectors, including access through MSCI ONE and integrations with AI services such as ChatGPT and Claude, aiming to make its proprietary data easier to query and analyze in client workflows. In March 2026, MSCI announced acquisitions including Compass Financial Technologies and Vantager, extending its capabilities in multi-asset index calculation, alternative assets, and pre-investment diligence for private markets. Together, these moves suggest a business that is steadily evolving from a pure index franchise into a broader data, analytics, and AI-enabled decision platform for the global investment community.