MSCI - MSCI Expands Portfolio Solutions With Strategic Acquisition Of Wealth Tech Platform Fabric | Benzinga
MSCI Inc. (NYSE: MSCI) has agreed to acquire Fabric, a wealth technology platform. The terms of the deal were not disclosed.
Founded in 2019, Fabric provides previously underserved wealth management communities with risk and portfolio design technology.
The synergies between MSCI's total-portfolio toolkit and Fabric's rules-based portfolio construction capabilities are expected to have a transformative impact.
This collaboration aims to streamline investment processes and create a ...