Morgan Stanley 2000 Annual Report Download - page 15

Download and view the complete annual report

Please find page 15 of the 2000 Morgan Stanley annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 24

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24


MSDW has emerged as a leader in the formation and development of online exchanges and
markets worldwide. MSDW advised on several innovative B2B supplier exchanges, notably
Covisint, the automotive industry’s business-to-business supplier exchange. In addition
the firm participated in creating online exchanges for the financial services industry,
including TheMarkets.com (for equity news and intelligence), Fxall.com (foreign exchange
trading) and BondBook (online trading in fixed income securities).

This past year, MSDW helped launch Europe’s first cross-border stock exchange, which
will provide investors with single-point access for up to 6,000 American and European
shares. Ultimately, Jiway will become Europe’s largest and most efficient execution point
for small stock orders.

Through MSDW’s Client Link, clients now can access live Webcasts for a wealth of
information and insight. Sponsored by the firm’s research department, programs range
from detailed industry roundups to timely expert discussions and interviews with CEOs.

Throughout 2000, the firm continued to help clients consummate major deals by
applying perspective, deep experience and highly innovative thinking. Some notable
transactions included China’s largest IPO to date (China Unicom); Time Warner’s merger
with AOL; and Deutsche Telekom’s $14.6 billion global bond issue, the largest corporate
debt offering ever.

In 2000, innovative products included several new mutual funds from our asset
management business. These funds included the MSDW Technology Fund (focused
on companies engaged in technology-related industries) and the Van Kampen Select
Growth Fund (concentrated on investments in growth companies).
 
