{"id":272022,"date":"2024-01-04T14:00:10","date_gmt":"2024-01-04T14:00:10","guid":{"rendered":"https:\/\/hamslivenews.com\/?p=272022"},"modified":"2024-01-05T08:11:20","modified_gmt":"2024-01-05T08:11:20","slug":"msci-completes-acquisition-of-fabric","status":"publish","type":"post","link":"https:\/\/www.hamslive.com\/news\/2024\/01\/msci-completes-acquisition-of-fabric\/","title":{"rendered":"MSCI Completes Acquisition of Fabric"},"content":{"rendered":"<p><b>Business Wire India<\/b><\/p>\n<p>MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, today announced that it has completed its acquisition of Fabric, a wealth technology platform specializing in portfolio design, customization, and analytics for wealth managers and advisors.<\/p>\n<p>The acquisition was originally <a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.msci.com%2Fdocuments%2F10199%2Fef7cef9a-1ee6-afb6-35b7-a5602c23e20d&amp;esheet=53876360&amp;newsitemid=20240103880384&amp;lan=en-US&amp;anchor=announced&amp;index=1&amp;md5=69cf65a736f8610aaacd1052d372a384\" target=\"_blank\" rel=\"nofollow noopener\" shape=\"rect\">announced<\/a> on December 20, 2023.<\/p>\n<p><b>Jorge Mina, Head of Analytics, MSCI, said:<\/b> \u201cThe completion of this transaction is another step in MSCI\u2019s ongoing expansion of both our market reach and client offerings. We remain committed to broadening the spectrum of our wealth solutions to better meet the diverse needs of investors and the combination with Fabric is a milestone in that endeavour.\u201d<\/p>\n<p><b>About MSCI Inc.<\/b><\/p>\n<p>MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process. To learn more, please visit <a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.msci.com&amp;esheet=53876360&amp;newsitemid=20240103880384&amp;lan=en-US&amp;anchor=www.msci.com&amp;index=2&amp;md5=e15da7bfa0afab5f8999ace508509327\" target=\"_blank\" rel=\"nofollow noopener\" shape=\"rect\">www.msci.com<\/a>. MSCI#IR<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements relating to the integration of Fabric and prospects for the newly acquired business. These forward-looking statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. In some cases, you can identify forward-looking statements by the use of words such as \u201cmay,\u201d \u201ccould,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cseek,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cpotential\u201d or \u201ccontinue,\u201d or the negative of these terms or other comparable terminology. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond MSCI\u2019s control and that could materially affect actual results, levels of activity, performance or achievements.<\/p>\n<p>Other factors that could materially affect actual results, levels of activity, performance or achievements can be found in MSCI\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 filed with the Securities and Exchange Commission (\u201cSEC\u201d) on February 10, 2023 and in quarterly reports on Form 10-Q and current reports on Form 8-K filed or furnished with the SEC. If any of these risks or uncertainties materialize, or if MSCI\u2019s underlying assumptions prove to be incorrect, actual results may vary significantly from what MSCI projected. Any forward-looking statement in this press release reflects MSCI\u2019s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to MSCI\u2019s operations, results of operations, growth strategy and liquidity. MSCI assumes no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events, or otherwise, except as required by law.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20240103880384r1&amp;sid=bwiftp&amp;distro=ftp\" alt=\"\" \/><\/p>\n<p>View source version on businesswire.com: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20240103880384\/en\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.businesswire.com\/news\/home\/20240103880384\/en\/<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cms.businesswireindia.com\/images\/pixel.gif\" alt=\"\" width=\"0\" height=\"0\" border=\"0\" \/><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.hamslive.com\/news\/2024\/01\/msci-completes-acquisition-of-fabric\/\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 100% !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Business Wire India MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, today announced that it has completed its acquisition of Fabric, a wealth technology platform specializing in portfolio design, customization, and analytics for wealth managers and advisors. The acquisition was originally announced on December [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":272023,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52,45],"tags":[9378,164,7070],"class_list":{"0":"post-272022","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"category-india","9":"tag-fabric","10":"tag-india","11":"tag-msci"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MSCI Completes Acquisition of Fabric<\/title>\n<meta name=\"description\" content=\"MSCI Inc. 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