Towers Watson Selects MSCI`s RiskMetrics HedgePlatform

Tue Feb 5, 2013 9:00am EST

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NEW YORK--(Business Wire)--
MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools,
announced today that Towers Watson, a leading global investment consultant, will
include MSCI`s RiskMetrics HedgePlatform into some of its hedge fund advisory
and investment processes. As part of the agreement Towers Watson will use
HedgePlatform to evaluate and monitor individual investment managers with
reports based on hedge fund positions, complementing its existing suite of risk
tools and enhancing hedge fund risk reports to its clients. 

"Demand for position-based risk analytics of hedge fund investments continues to
rise, evidenced by the growth MSCI`s risk analytics business has seen over the
last 12 months - from adding two of the world`s top 20 pension funds as
HedgePlatform clients, to this most recent agreement with Towers Watson," said
Roveen Bhansali, Managing Director and Head of Risk Management Analytics for
MSCI. "This increased demand reflects the confluence of two recent trends:
increased allocation to alternative investments and increased desire to
implement more comprehensive risk management processes, not only of alternative
investments, but of total investments programs. MSCI is well placed to meet this
demand given our multi-asset class risk analytics tools, our long history with
our institutional clients and our ability to integrate positions of hedge fund
investments with traditional and other alternative investments. We look forward
to continuing to invest in this growing market segment and helping our clients
as their investment needs evolve." 

Damien Loveday, Global head of Hedge Fund research at Towers Watson, said: "We
are continuously strengthening our level of monitoring and risk management
processes in this area and the addition of MSCI`s RiskMetrics HedgePlatform will
support this endeavour. Having used RiskMetrics` analysis tools for a number of
years and working with MSCI for the past year to develop the proposition, we
have found innovative views of risk which will allow us to perform even more due
diligence, monitoring, portfolio construction, and risk management for hedge
fund investments to the benefit of our clients. The use of analytic tools such
as this has been important in developing our Hedge Fund business and this
particular platform provides extra transparency which we view as key to
assessing hedge fund investments." 

Towers Watson`s investment business has over 750 associates worldwide and assets
under advisory of over USD$2 trillion. Its specialist hedge fund team manage
direct hedge fund portfolios for clients and has assets under advice in this
area of over USD$20 billion. 

About MSCI 

MSCI Inc. is a leading provider of investment decision support tools to
investors globally, including asset managers, banks, hedge funds and pension
funds. MSCI products and services include indices, portfolio risk and
performance analytics, and governance tools. 

The company`s flagship product offerings are: the MSCI indices with close to USD
7 trillion estimated to be benchmarked to them on a worldwide basis1; Barra
multi-asset class factor models, portfolio risk and performance analytics;
RiskMetrics multi-asset class market and credit risk analytics; IPD real estate
information, indices and analytics; MSCI ESG (environmental, social and
governance) Research screening, analysis and ratings; ISS governance research
and outsourced proxy voting and reporting services; FEA valuation models and
risk management software for the energy and commodities markets; and CFRA
forensic accounting risk research, legal/regulatory risk assessment, and
due-diligence. MSCI is headquartered in New York, with research and commercial
offices around the world. 

1As of March 31, 2012, as published by eVestment, Lipper and Bloomberg in
September, 2012

For further information on MSCI, please visit our web site at

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None of the Information constitutes an offer to sell (or a solicitation of an
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any trading strategy. You cannot invest in an index. 

MSCI`s indirect wholly-owned subsidiary Institutional Shareholder Services, Inc.
("ISS") is a Registered Investment Adviser under the Investment Advisers Act of
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(including applicable products or services from MSCI ESG Research Information,
which are provided by ISS), neither MSCI nor any of its products or services
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issuer, securities, financial products or instruments or trading strategies and
neither MSCI nor any of its products or services is intended to constitute
investment advice or a recommendation to make (or refrain from making) any kind
of investment decision and may not be relied on as such. 

The MSCI ESG Indices use ratings and other data, analysis and information from
MSCI ESG Research. MSCI ESG Research is produced by ISS or its subsidiaries.
Issuers mentioned or included in any MSCI ESG Research materials may be a client
of MSCI, ISS, or another MSCI subsidiary, or the parent of, or affiliated with,
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materials, including materials utilized in any MSCI ESG Indices or other
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Any use of or access to products, services or information of MSCI requires a
license from MSCI. MSCI, Barra, RiskMetrics, ISS, CFRA, FEA, and other MSCI
brands and product names are the trademarks, service marks, or registered
trademarks of MSCI or its subsidiaries in the United States and other
jurisdictions. The Global Industry Classification Standard (GICS) was developed
by and is the exclusive property of MSCI and Standard & Poor`s. "Global Industry
Classification Standard (GICS)" is a service mark of MSCI and Standard &

Media Enquiries:
MSCI, London
Jo Morgan, + 44.20.7618.2224
MSCI, New York
Kristin Meza, 1-212-804-5330
MHP Communications, London
Sally Todd | Christian Pickel, + 44.20.3128.8515
MSCI Global Client Service:
EMEA Client Service, + 44.20.7618.2222
Americas Client Service, 1-888-588-4567 (toll free)/+ 1-212-804-3901
Asia Pacific Client Service, + 852.2844.9333 

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