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[ Tue, Jan 28th 2025 ]: LAist
Insurance and wildfires

MSCI's fourth-quarter profit declines on higher expenses

MSCI Inc reported a decline in its fourth-quarter profit on January 29, 2025, primarily due to increased expenses. The financial data and analytics firm experienced a rise in operating expenses, which included higher costs related to compensation, information technology, and marketing. Despite these challenges, MSCI saw growth in its recurring subscription revenues, although this was offset by a decrease in asset-based fees due to lower Assets under Management (AUM) from market depreciation. The company's CEO highlighted ongoing investments in technology and data capabilities aimed at enhancing long-term growth, even as they navigate through a period of economic uncertainty affecting investment patterns.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/mscis-fourth-quarter-profit-declines-higher-expenses-2025-01-29/ ]