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  "documentTitle": "MSCI Inc. (MSCI)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-01-17 00:00:00",
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  "notes": "The table lists 18 ETFs categorized by theme, with their Bloomberg index tickers and the index owner.",
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      "text": "A review of BlackRock's thematic ETFs shows that just three of eighteen use MSCI indices as a benchmark. We believe this is an underwhelming penetration of MSCI-linked offerings from its largest client.",
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      "text": "A review of BlackRock's thematic ETFs shows that just three of eighteen use MSCI indices as a benchmark. We believe this is an underwhelming penetration of MSCI-linked offerings from its largest client.",
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      "text": "Source: BlackRock Thematic ETFs",
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      "text": "MSCI's Thematic Indexes Are Poorly Penetrated Within BlackRock's Offerings",
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