MSCI exploring strategic options for proxy advisory business
Oct 31 (Reuters) - Market index provider MSCI Inc is exploring strategic options for its influential proxy advisory unit, Institutional Shareholder Services Inc, that may lead to a separation of the business.
ISS said it expects its current management team to remain in place.
Morgan Stanley is the financial adviser to MSCI and Davis Polk is the legal advisor.
(Reporting By Neha Dimri in Bangalore; Editing by Saumyadeb Chakrabarty)