ValueAct Capital Trims MSCI Stake Again ~ market folly

Tuesday, May 10, 2016

ValueAct Capital Trims MSCI Stake Again

Jeff Ubben's investment firm ValueAct Capital has filed a Form 4 with the SEC regarding their stake in MSCI (MSCI).  Per the filing, they sold 91,800 shares at a price of $74.93 on May 5th.  After the sale, they still own over 3.67 million shares.

We posted about how ValueAct sold some MSCI back in March as well, as they previously owned over 6 million shares.

For more from this firm, check out Jeff Ubben's recent interview.

Per Google Finance, MSCI "together with its wholly owned subsidiaries, is a provider of investment decision support tools, including indexes, portfolio risk and performance analytics and multi-asset class market risk analytics products and services. The Company’s products include global equity indexes and environmental, social and governance (ESG) products marketed under the MSCI and MSCI ESG Research brands, its private real estate benchmarks marketed under the IPD brand, its portfolio risk and performance analytics covering global equity markets marketed under the Barra brand, its multi-asset class, market and credit risk analytics marketed under the RiskMetrics and Barra brands and its performance reporting products and services offered to the investment consultant community marketed under the InvestorForce brand." 

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