The Morgan Stanley indexing company provides a range of tools and services for investments such as exchange traded funds (ETFs).
The New York-based company publishes more than 100,000 indexes for its namesake international equity benchmarks, MSCI. Investor’s Business Daily reports that fourth-quarter reports had a 200% surge, the best performance in 12 quarters. Revenue grew 25% during the latest period and this is because of ETFs based on their equity indexes.
MSCI notes that revenue from asset-based fees are prone to market volatility.
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