Welcome to our dedicated page for Morgan Stanley news (Ticker: MS), a resource for investors and traders seeking the latest updates and insights on Morgan Stanley stock.
Morgan Stanley (NYSE: MS) generates frequent news across investment banking, securities, wealth management and investment management activities. The firm regularly issues press releases on quarterly and annual earnings, capital actions, new investment products and significant transactions, providing investors and market participants with updates on its operations.
Recent announcements include the release of fourth quarter and full year financial results, accompanied by a strategic update presentation and investor conference call. Morgan Stanley also reports on dividends for its various preferred stock series and decisions regarding common stock dividends and share repurchase programs, reflecting its capital management policies.
Through Morgan Stanley Investment Management and related platforms, the firm discloses news about product development and asset growth. Examples include the ETF platform surpassing $10 billion in assets under management and the filing of initial registration statements with the SEC for proposed exchange‑traded products such as Morgan Stanley Bitcoin Trust and Morgan Stanley Solana Trust, which are described as passive vehicles seeking to track the price performance of the relevant cryptocurrency, subject to regulatory approval.
Morgan Stanley Capital Partners and Morgan Stanley Real Estate Investing also feature in news items, such as majority investments in private companies, exits from portfolio holdings, acquisitions of logistics and senior housing assets and other real estate transactions. Corporate governance and leadership developments, including the appointment of new Managing Directors, are also publicly announced.
Visitors to this news page can review these types of updates to understand how Morgan Stanley’s businesses evolve over time, how it approaches capital and product development, and how its various investment platforms engage in private equity, real estate and listed fund activities.
Parametric Portfolio Associates, part of Morgan Stanley Investment Management (MSIM), announces the expansion of its Custom Active platform with Lazard Asset Management as a new partner. The platform now offers several new tax-optimized active equity strategies from multiple partners including Capital Group, MSIM investment teams, and Lazard. The Custom Active solution provides tax efficiency, personalization, and flexibility through separately managed accounts (SMAs). The platform operates within Parametric's $42 billion Centralized Portfolio Management business, with $4 billion in tax-managed model strategies, available to retail investors through select intermediaries and RIAs.
Eaton Vance Municipal Bond Fund (NYSE American: EIM) has announced it will conduct a tender offer for up to 5% of its outstanding common shares. This decision follows the Fund meeting the First Trigger Event conditions, where shares traded at an average discount to NAV of more than 7.5% during the measurement period of July 9, 2024, through November 8, 2024. The tender offer is expected to commence around December 10, 2024, and expire near January 9, 2025. Shareholders will be able to tender their shares at 98% of NAV per share. If the tender offer is oversubscribed, shares will be purchased on a pro-rata basis.
Morgan Stanley Expansion Capital has announced a $20 million investment in NovoPayment, a financial and payment infrastructure service provider. NovoPayment specializes in digital banking, payments, and card solutions through its vertical-focused SaaS platform. The company serves 15 markets across Latin America, the Caribbean, and the United States, offering solutions including digital wallets, instant account issuance, virtual cards, RTP, cross-border transfers, digital lending, and cash management. The funding will support NovoPayment's scaling efforts and expansion of commercial partnerships.
A federal court ruling by U.S. District Judge Paul G. Gardephe on November 7, 2024, has upheld that Morgan Stanley's deferred compensation plans are governed by ERISA (Employee Retirement Income Security Act). This decision reinforces protections against deferred compensation forfeiture for financial advisors. Law firm KlaymanToskes announces it's representing multiple financial advisors seeking to recover unpaid deferred compensation through FINRA arbitration claims. The firm, which has recovered over $250 million in FINRA arbitrations, urges advisors with deferred compensation losses exceeding $100,000 to contact them for potential claims.
Morgan Stanley Capital Partners (MSCP) has agreed to sell Sila Services, a leading residential HVAC, plumbing and electrical services provider, to Goldman Sachs Alternatives. Sila's management will retain a significant minority stake and continue leading the company. Since MSCP's investment in 2021, Sila has expanded through organic growth and strategic M&A, establishing itself as a residential services leader across the Northeast, Midwest and Mid-Atlantic regions. The company, headquartered in King of Prussia, Pennsylvania, focuses on customer service excellence and prioritizing people. Financial terms were not disclosed.
Morgan Stanley Investment Management (MSIM) has launched the Parametric Equity Plus ETF (PEPS), expanding its ETF platform to $3.3 billion in assets across 16 strategies. The new US large-cap equity ETF, listed on Nasdaq, combines direct indexing capabilities with options and risk management strategies. This launch marks Parametric's third ETF and follows the recent conversion of three active fixed income mutual funds to Eaton Vance ETFs. The platform now includes three Parametric-branded, six Calvert-branded, and seven Eaton Vance-branded strategies.
Morgan Stanley Private Equity Secondaries has completed an equity financing to combine ATSG and Evolve IP, creating a leading global IT managed services provider. The merged entity will serve over 1,700 global customers across 950,000 end-users, offering enhanced cloud services, IT managed services, cybersecurity, desktop-as-a-service, and unified communications solutions.
The transaction aims to accelerate ATSG's service capabilities and strengthen the combined organization's ability to address complex technology challenges. Morgan Stanley initially invested in ATSG through a continuation fund transaction alongside RunTide Capital in January 2021.
Morgan Stanley (NYSE: MS) has secured two prestigious awards from the Money Management Institute (MMI) and Barron's in 2024. The firm won the Wealth Manager Platform of The Year Award for its Select UMA Platform, which offers tailored asset allocation advice and comprehensive investment management. Additionally, Morgan Stanley received the Distribution Excellence award for its Field Engagement Initiative, designed to enhance financial advisors' practice impact.
The Select UMA Platform simplifies investment processes while aligning with client goals and risk tolerance. The Field Engagement Initiative focuses on empowering financial advisors with resources to deliver comprehensive firm services to clients. These achievements highlight Morgan Stanley's commitment to innovation and excellence in wealth management solutions.
Morgan Stanley (NYSE: MS) has secured two prestigious 2024 Money Management Institute (MMI)/Barron's Industry Awards. The company received the Wealth Manager Platform of The Year Award for its Select UMA Platform and a Distribution Excellence award for its Field Engagement Initiative. The Select UMA Platform is designed to streamline investment processes and provide comprehensive asset management, while the Field Engagement Initiative focuses on enhancing financial advisors' practice impact. These awards, granted for the period from October 2023 to June 2024, were selected from a pool of 6 firms for the Platform award and 12 firms for the Distribution Excellence category.
Morgan Stanley (NYSE: MS) announced that CEO Ted Pick will assume the additional position of Chairman, effective January 1, 2025. Current Chairman James Gorman will step down and retire from the firm at the end of 2024, being named Chairman Emeritus. The Board of Directors expressed gratitude to Gorman for his transformative 15-year leadership, during which Morgan Stanley evolved into a world-class global financial institution. Pick acknowledged Gorman's role in establishing a winning strategy and culture, while the Board affirmed their confidence in Pick's leadership to further strengthen the global franchise.