Morgan Stanley Stock Price, News & Analysis

Franck Petitgas, Head of Morgan Stanley International, is set to speak at the 17th Annual Morgan Stanley European Financials Conference on March 17, 2021, at 11:00 a.m. GMT (7:00 a.m. ET). The conference will be held virtually, and both live and on-demand webcasts will be accessible through the Investor Relations section of Morgan Stanley's website. Morgan Stanley (NYSE: MS) is a global financial services firm offering investment banking, securities, and wealth management services across 41 countries.

Morgan Stanley Wealth Management honored 18 professionals as part of its partnership with MAKERS, celebrating women's achievements across various fields. Andy Saperstein emphasized the profound impact of these individuals on clients and communities. Shelley O’Connor highlighted the lasting influence of these leaders on future generations of women. The MAKERS platform, launched in 2012, connects leading female employees and promotes advocacy within the corporate structure. For detailed profiles, the 2021 MAKERS will be featured on the Morgan Stanley Forum throughout the year.

Morgan Stanley (NYSE: MS) has successfully completed its acquisition of Eaton Vance Corp., involving a mix of stock and cash. Shareholders of Eaton Vance received 0.5833 shares of Morgan Stanley and $28.25 in cash for each share, plus a special dividend of $4.25 paid on December 18, 2020. This strategic move aims to enhance Morgan Stanley's fee-based revenue, bringing total client assets under management to $5.4 trillion. The merger is expected to combine investment capabilities and distribution strengths, enhancing value for clients.

A new study by the Morgan Stanley Institute for Sustainable Investing reveals that sustainable investing funds outperformed traditional funds in 2020, offering stronger returns and reduced risk during market volatility. Key findings include:

• A median total return of 4.3% higher for sustainable equity funds and 0.9% for sustainable taxable bond funds compared to traditional counterparts.
• Sustainable funds demonstrated lower median downside deviation, indicating reduced risk.

This underscores the reliability of sustainable investments, debunking myths of performance sacrifice.

On February 19, 2021, shareholders of Calvert Funds approved new investment advisory and sub-advisory agreements as part of the ongoing acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS), originally announced on October 8, 2020. The Calvert Funds include various investment vehicles such as the High Yield Bond Fund and Global Energy Solutions Fund. These approvals are critical steps in the acquisition process, with the vote results to be published in future shareholder reports, as certified by Computershare Fund Services.

Morgan Stanley has announced an agreement with Wilson Sonsini Goodrich & Rosati to facilitate the migration of privately-held companies using Wilson Sonsini's capitalization management software to Morgan Stanley's Shareworks platform. Shareworks offers a range of equity plan management solutions aiding companies in managing stock plans and compliance. Through this partnership, Morgan Stanley aims to enhance its leadership in capitalization management for startups and provide comprehensive financial solutions. The firm currently serves over 4.9 million stock plan participants globally.

On February 18, 2021, shareholders of Eaton Vance mutual funds participated in a joint special meeting to approve new investment advisory agreements related to the acquisition of Eaton Vance Corp. (NYSE: EV) by Morgan Stanley (NYSE: MS), initially announced on October 8, 2020. Shareholders of various funds voted in favor of the agreements, while the meeting for additional funds was adjourned to February 26, 2021, to allow more shareholder participation. The record date for these funds' votes remains unchanged at December 11, 2020.