MSCI Grows By Double Digits. Why I Am Not Buying The Stock
The article reports strong growth in MSCI’s Index division, including 18.1% revenue growth and a 31% increase in ETF-linked assets, alongside recurring revenues. It says buybacks support EPS growth, while declining average returns on ETF assets, rising debt and interest costs, and valuation concerns limit the impact.
Why it matters — Investors tracking MSCI may weigh strong Index division growth against pressure on ETF asset returns, financing costs, and valuation.