Morgan Stanley set to acquire Barra

Morgan Stanley Capital International (MSCI), a provider of equity, fixed-income and hedge fund indexes based in New York, will acquire California-based technology company Barra within 120 days, for approximately $816.4 million, or $41.00 a share, the company said.

The merged entity will provide indexes and risk management analytics. The boards of directors of both companies have approved the move, which now needs to be ratified by regulators. It also requires Barra shareholder approval.

“The combination of MSCI’s deep understanding of indexes across asset classes and Barra’s industry-leading risk management analytics will provide a powerful platform for enhancing our clients’ investment processes with and across asset classes,” said Henry Fernandez, president and chief executive of MSCI.

Kamal Duggirala, chief executive officer of Barra, said the two companies can "accelerate research and development across asset classes to create products that respond to the evolution of financial markets worldwide".

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here