MSCI

MSCI survey finds 71% of advisers plan to increase their use of active ETFs over the next two years 58% say a new active ETF allocation would most likely displace an existing mutual fund 45% of respondents expect to broaden their equity allocations beyond their home markets over the next two years Nearly half are open to accessing less liquid assets through an ETF, but only 16% think private markets are a good fit for the structure NEW YORK, Sept. 14, 2026 /PRNewswire/ -- Active ETFs are firmly in the mainstream and set for further growth, but advisers are putting greater emphasis on value, liquidity and structural fit when deciding which products earn a place in portfolios, according to a survey of 450 advisers across the U.S. and Europe by MSCI Inc. (NYSE: MSCI).

Baron Focused Growth Fund rebounded in Q2 from a disappointing start to the year, with the Fund gaining 13.26% compared with a gain of 24.02% for the Russell 2500 Growth Index. We remain steadfast in our commitment to long-term investing in competitively advantaged, growth businesses. As of June 30, 2026, the Fund owned 28 investments.

MSCI Inc. is rated a strong buy due to its high-quality, capital-light business model and attractive forward valuation. Despite 50% revenue growth over 5 years, MSCI stock has stagnated, but overvaluation headwinds appear to be ending. MSCI's core index business drives robust operating leverage, with 18.5% bottom-line growth and 77% revenue conversion to profits.

MSCI (MSCI) reported earnings 30 days ago. What's next for the stock?

BFGFX's recent decline is being driven by factors beyond SpaceX, despite the stock's strong contribution to the fund's second-quarter return.

MSCI Inc. is viewed as heavily discounted, trading at a 22% discount to fair value with strong long-term growth prospects. Recurring revenue, high client retention, and secular tailwinds in private markets and passive vehicles underpin MSCI's robust investment thesis. Despite a slight Q2 2026 earnings miss and rising operating expenses, MSCI maintains solid EPS growth, a stable credit profile, and a growing dividend.

Li Lu's Himalaya Capital cut its Bank of America (NYSE:BAC | BAC Price Prediction) position by roughly 71% and redeployed the proceeds into the three companies that grade, index, and monitor the credit system itself.

MSCI (MSCI) delivered strong Q2 2026 profitability, with EPS up 19.6% YoY and operating margin expanding to 56.2%. Despite double-digit growth and a historically low PE ratio, I downgrade MSCI to 'hold' due to valuation concerns and reliance on market-driven Asset-Based Fees. ESG and other recurring revenue segments are growing only mid-single digits, with ESG notably weak and no recovery in sight.

MSCI Inc. retains my buy rating as Q2 2026 results confirm robust Index growth and new trading-related revenue streams. Index segment drives performance with 17% revenue growth, 26.6% asset-based fee growth, and a 77.8% adj. EBITDA margin. Trading ecosystem expansion delivers 15% subscription run-rate growth from traders and hedge funds, with meaningful seven-figure contracts secured.

MSCI Inc. (MSCI) Q2 2026 Earnings Call Transcript