The index provider has grown rapidly with the success of ETFs. He now decides which companies receive capital and which do not. Experts see German industry in danger.
From
Harold Freiberger
At first glance, MSCI doesn’t have much in common with Tempo and Nutella. MSCI is a financial service provider based in New York, best known for its indices. These summarize stocks or bonds and thus show how a particular market is developing. MSCI’s best-known product is the “MSCI World Index”, a kind of world stock index that reflects the development of more than 1600 companies from 23 industrialized countries.