Equity Analysis /
United States of America

US : MSCI Inc. - MSCI | 4Q20 Preview: Market Rally and Implied Inflows Provide Upside to Estimates

    Contributors
    Michael Vinci
    David Farnum
    CGS-CIMB
    19 January 2021
    Published byCGS-CIMB

    Summary: Market appreciation during 4Q20 finished ahead of what was assumed within our prior model update on October 27, 2020, and we are increasing our net asset inflow estimate for ETFs linked to MSCI indices. As a result, we are bumping our asset-based fee revenue estimates as well as our EPS es