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 reports developments across its global financial services franchise, including wealth management, investment management, institutional securities, private credit and capital markets activity. Recurring updates include Morgan Stanley Investment Management product launches, education resources for advisors, private credit financings, Eaton Vance fund actions, sustainable investing research and family office governance themes.
News also covers capital-structure and shareholder matters, operating and financial results, regulatory disclosures and governance updates tied to Morgan Stanley’s common stock, preferred securities, funds and finance subsidiaries.
Morgan Stanley and American Express have launched the Morgan Stanley Blue Cash Preferred® American Express Card, designed for clients with a Morgan Stanley brokerage account. Cardholders can earn a $100 statement credit each year and receive up to 6% cash back on various purchases, including groceries, gas, and streaming services.
The card offers a welcome bonus of $300 after spending $3,000 within the first six months, alongside a $0 annual fee for the first year. It is aimed at enhancing client financial management and providing exclusive rewards.
Summary not available.
Morgan Stanley Infrastructure Partners has acquired SpecialtyCare, Inc. from Kohlberg & Company, enhancing its position in the outsourced clinical services sector for hospitals. SpecialtyCare operates in over 1,200 hospitals across 46 U.S. states, providing critical services such as cardiovascular perfusion and intraoperative neuromonitoring. With a proven track record in patient care, the acquisition aims to support SpecialtyCare's growth and improve patient outcomes. MSIP manages over $16 billion in assets and pursues investments that deliver essential public services.
On November 10, 2021, at 8:50 a.m. (ET), Daniel Simkowitz, Head of Investment Management at Morgan Stanley (NYSE: MS), will present at the BofA Securities 2021 Banking and Financials Conference. The event will be held virtually, with both live and on-demand webcasts available on www.morganstanley.com in the Investor Relations section. Morgan Stanley continues to be a leading global financial services firm, offering investment banking, securities, and wealth management services across over 41 countries.
The latest survey from the Morgan Stanley Institute for Sustainable Investing reveals strong interest in sustainable investing among U.S. individual investors, particularly Millennials, with 99% expressing interest. Despite a dip to 79% overall interest due to the pandemic, sustainable investing remains prevalent. Key findings include a focus on climate change, where 88% of Millennials show interest in climate-themed investments. Concerns about performance persist, with 76% of investors citing it as a barrier. The survey underscores the importance of ESG factors in corporate performance amidst the ongoing emphasis on long-term investment goals.
TruFund Financial Services has made a preferred equity investment in Lemor Development Group, a Black-owned real estate firm focused on affordable housing. This investment is part of the Impact Developer Fund, initiated by Morgan Stanley, TruFund, and the Ford Foundation to support minority-led developers. The capital infusion aims to enhance Lemor’s liquidity and capacity for development. Lemor has a nine-year history in affordable housing, and this partnership is expected to stimulate further growth in underserved communities.
Morgan Stanley reported net revenues of $14.8 billion and EPS of $1.98 for Q3 2021, showing a significant increase from $11.7 billion and $1.66 in Q3 2020. Net income rose to $3.7 billion, aided by the acquisitions of E*TRADE and Eaton Vance. The Return on Tangible Common Equity (ROTCE) stood at 19.6%, while net new assets in Wealth Management hit a record $135 billion, driving total client assets to $6.2 trillion. Overall, the firm demonstrated robust growth across all segments.
TruFund Financial Services has invested in Exact Capital Group, a majority Black-owned real estate firm focused on affordable housing and mixed-use developments. This preferred equity investment aims to support Exact Capital's growth initiatives and address the funding challenges faced by BIPOC developers. The investment marks the fourth made by the Impact Developer Fund, established by Morgan Stanley, TruFund, and the Ford Foundation to enhance equity capital access for emerging real estate developers.
Investment funds managed by Morgan Stanley Capital Partners have announced the sale of PPC Flexible Packaging to GTCR. PPC management will continue to lead the company and holds a significant minority stake post-sale. PPC, based in Buffalo Grove, IL, is a leader in flexible packaging, having completed eight acquisitions since 2017 under MSCP's investment. This transaction marks MSCP's first exit in the packaging sector. Financial terms of the deal were not disclosed.
Morgan Stanley Family Office Resources launched the Morgan Stanley Family Legacy and Governance (FLAG) Institute, a virtual program aimed at professionals in estate planning and wealth management. Set to begin on September 28, 2021, the Institute focuses on the human capital aspect of family governance, crucial for ultra-high-net-worth clients. Sessions will cover governance systems, decision-making strategies, and the significance of family values. Executives from Morgan Stanley emphasize that long-term family success relies on strong governance processes, beyond just technical skills.