MSCI Inc. IPO prices at high end of range; provides tools for investment analysis (18.00 ) MSCI (MXB), a company that provides tools for investment analysis which is being spun off by Morgan Stanley (MS), prices its IPO at $18, at the high end of its expected $16-18 range, which had been raised from $14-16. The co is a provider of investment decision support tools. It produces indices and risk and return portfolio analytics for use in managing investment portfolios. Its products are used primarily by institutions investing in stocks, bonds, and multi-asset class instruments. Its flagship products are its international equity indices marketed under the MSCI brand and its equity portfolio analytics marketed under the Barra brand. Its products are used in many areas such as portfolio construction and optimization, performance benchmarking, risk management and analysis etc. Its clients include mutual funds, hedge funds, ETF's, pension funds, endowments, foundations etc. The co has a client base of over 2,900 clients across 63 countries. Its sales model is to license annual, recurring subscriptions... The co is profitable and posted revenue of $268.2 mln for the 9 mols ended Aug 31, up 17% yr/yr. This is a 14 mln share deal led by Morgan Stanley. BofA, Credit Suisse, Merrill and UBS were also involved
**the thoughts expressed in this post are merely in my honest and educated opinion and are not in any way intended to influence others to buy/sell or hold this security or any securities I have ever mentioned**
