MSCI index revenues up 23.5% YoY, deploys 15 underlyings in structured products market

MSCI posted operating revenues of US$549.8m for the fourth quarter of 2021, up 23.9% compared to the prior year quarter (Q4 2020: US$443.7m). Index operating revenues were US$331.8m, up 23.5% year-on-year (YoY). The increase was primarily driven by $38.3m in higher asset-based fees mainly reflecting an increase in revenues from exchange-traded funds (ETFs) linked to MSCI equity indexes. This increase reflected higher average assets under management (AuM) in ETFs linked to MSCI equity indexes, p