The company claims PACS, delivered as an AI-powered data service, will provide the private-markets industry a strong foundation for transparency and comparability.
Global provider of stock market indices MSCI has launched MSCI 'Private Asset Classification Standard' (Pacs), a global taxonomy created specifically for private assets. According to the company, Pacs provides granular classifications which are used to benchmark, analyse and communicate portfolio strategies and performance effectively across the investment lifecycle. MSCI's assets under management (AUM) stood at US$16.9 trillion as of 31 December 2024 The product will include a wide