MSCI: Partnership agreed with UBS - Capital Market Experts
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Financial services provider MSCI will participate in the Barclays Annual Global Financial Services Conference on Monday, September 14. As the company announced the day before yesterday, the presentation is scheduled for 10:30 AM Eastern Time. Such events are frequently used by market participants to gain insights into future strategy and the status of the integration of recent acquisitions. The announcement comes at a time when the stock is seeking direction after the latest business figures. Yesterday, Friday, the stock closed at 491.00 Euro. Management is expected to focus particularly on recent strategic cooperations during the upcoming appearance. In July, MSCI and UBS Group agreed on a partnership aimed at significantly increasing transparency in private markets. This combines MSCI's data and analytical capabilities with UBS's expertise in alternative investments to better leverage global client insights. This strategic direction was complemented by the completion of the acquisition of First Street approximately one month ago. This acquisition strengthens the sustainability and climate reporting segment with physical climate risk data available for more than 2.4 billion building structures worldwide. MSCI expects First Street to contribute approximately 10 million US dollars to the annual subscription run-rate in the Sustainability and Climate segment after the closing...
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