Contents:
Today, let's talk about a specialized investment term: the MSCI Index.
This article includes:
1. What is the MSCI Index?
2. What are the different types of MSCI Indices?
3. What is MSCI’s quarterly adjustment? How to check stocks that are adjusted?
What is MSCI?
MSCI is the abbreviation for Morgan Stanley Capital International.
Commonly referred to as Morgan Stanley, MSCI’s main business areas include securities and investment management, covering a wide range (including stocks, bonds, foreign exchange, funds, futures, investment banking, securities underwriting, corporate financial advisory, institutional corporate marketing, real estate, private wealth management, direct investment, and institutional investment management, etc.).
Currently, MSCI, or Morgan Stanley, is one of the world's leading index providers; many ETFs you often hear about use indices compiled and issued by MSCI.
'Little Morgan' refers to JPMorgan, which initially started as a purely commercial bank but later expanded into investment banking as regulations loosened.
There’s an interesting backstory about the origins of Morgan Stanley.
Morgan Stanley was originally an investment department under JPMorgan. During the Great Depression of 1929, the stock market crashed, and everyone was afraid of bank failures. In 1933, the Glass-Steagall Act was enacted (later repealed in 1999). Simply put, this regulation aimed to...