Does MSCI's Industry Leading Position Justify Its Valuation?
Alpha Now at Thomson Reuters • Thu, Apr. 10
- MSCI, traditionally an index outperformer, has found it tougher since the Vanguard announcement.
- Fast forward to the present and the move has been, so far, more of a novelty with no other comparable changes to the benchmark landscape.
- It’s inevitably difficult to discern the appropriate valuation but at around $42 the market is implying 10% EPS growth annually for the next 10. We take a closer look here.