Oct 31 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)
PRECIOUS-Weaker dollar and stock market jitters drive gold higher
* Stocks down after cyber attack, U.S. healthcare delay * Dollar lowest since November * Bond yields rise on Draghi comments * Gold climbs above 100-day moving average (Updates prices) By Peter Hobson LONDON, June 28 Gold prices rose on Wednesday as the dollar weakened and stock markets were held down by a global cyber attack and delay to U.S. healthcare legislation which fuelled doubts about President Donald Trump's ability to pass stimulus measures.