Morgan Stanley assets increase 11%

Morgan Stanley reported $222 billion in institutional assets under management as of Nov. 30, up from $200 billion at the end of the third quarter and $164 billion as of Nov. 30, 2003, confirmed Chad Peterson, spokesman. Net inflows for the fourth quarter were $1.2 billion, compared with net outflows of $200 million in the third quarter, according to the company's fourth-quarter earnings report.