The mind behind the MSCI indices

For its Fearless Women campaign, City Hive explores the career of Nilly Sikorsky

While she wasn’t one of the first women to walk through the doors of the exchanges, Nilly Sikrosky played a significant role in shaping the investment world as we know it, and specifically the tools that we use. 

The Morgan Stanley Capital International (MSCI) Indices, used as a measurement of stock market performance in a particular area, are widely recognised and respected across the world.

However, what is less know is the fact that the indices were an innovation of Capital Group in the 1960s, a firm that counted Nilly Sikorsky as one of their associates at the time.

Capital Group made the assertion that investors and companies would need to be viewed from a global rather than national perspective, and the tools used by the industry would need to reflect this. In 1968, Nilly became managing editor of Capital International Perspective the global benchmarking indices that would go on to be known as the Morgan Stanley Capital International Perspective. 

Even beyond helping with the invention of the MSCI indices, Nilly continued to rise through the ranks at Capital Group. She went on to become a portfolio manager in 1971 and was elected president of Capital International S.A in 1985. Nilly would eventually retire in 2010 having reached the position of managing director, Europe for Capital Group International.

ESG ClarityWhat Investment and DiversityQ are delighted to support the City Hive campaign Fearless Woman to celebrate 50 years of women investing in the UK.