Description

MSCI’s $2.8 Trillion Index Empire: Can Record ETF Assets Keep Compounding?

MSCI Inc. reported strong financial performance for the second quarter of 2026, with notable growth in both its index and private asset segments, which remain key drivers of the company’s revenue expansion. The company achieved over 12% organic revenue growth, nearly 19% adjusted earnings per share (EPS) growth, and 14% adjusted EBITDA growth. A significant contributor to its results was the asset-based fee (ABF) run rate, which rose 25% year-over-year to $948 million, supported by record levels of assets under management (AUM) in exchange-traded fund (ETF) and non-ETF products linked to MSCI indices. The company experienced substantial inflows of nearly $40 billion in ETF assets during the quarter, bringing the total ETF AUM linked to MSCI indices to more than $2.8 trillion. MSCI’s subscription run rate grew over 8%, with a retention rate exceeding 95%.