Moody's: MSCI unaffected by Vanguard loss

Moody's Investors Service said that MSCI Inc.'s loss of certain Vanguard Group ETF business will not affect its Ba1 ratings or stable outlook.

"While the lost Vanguard ETF business is material, MSCI's financial strength metrics should remain solid for the Ba1 corporate family rating," Moody's senior analyst Edmond DeForest said in a news release.

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