TORONTO, April 10, 2019 /PRNewswire/ -- Bloomberg and
MSCI Inc. (NYSE: MSCI), a leading provider of critical
investment decision support tools worldwide, today announced
the availability of a series of global environmental, social and
governance (ESG) fixed income indices for the Canadian market. The
indices are co-branded as the Bloomberg Barclays MSCI Canada ESG
Indices and are currently available on the Bloomberg Terminal.
A 2018 Greenwich Associates research report featuring insights
from more than 300 decision makers at large firms found that the
majority of North American participants are incorporating ESG
into their investment strategy and are making significant progress
in the space. Globally, 73 percent of respondents are considering
incorporating ESG strategies into their portfolios.
"As the inclusion of ESG principles in North American investment
strategies continues to grow, we are delighted to expand our ESG
index suite with new indices specifically designed to support
Canadian investors," said Chris
Hackel, Index Product Manager, Bloomberg. "MSCI has been a
great partner as Bloomberg evolves our index solutions to meet the
needs of institutional investors around the world."
"In recent years, we have seen increased interest from the
Canadian institutional market in incorporating ESG principles into
their investment processes," said Eric
Moen, Head of ESG Products for MSCI ESG Research. "We are
pleased to be partnering with Bloomberg to launch these new indices
and provide fixed income investors with the tools and transparency
they need to effectively benchmark to ESG investment
performance."
BlackRock is among the first clients to license the index for a
suite of Canadian ESG ETFs available starting March 21, 2019. The indices include the Bloomberg
Barclays MSCI Canadian Aggregate ESG Focus Index and the Bloomberg
Barclays MSCI 1-5 year Canadian Aggregate ESG Focus Index.
"Clients are increasingly looking to pursue a more sustainable
approach to achieving their investment goals," said Pat Chiefalo, Managing Director, Head of
iShares, BlackRock Canada. "We are thrilled to work with Bloomberg
and MSCI to grow the ESG fixed income category and further enhance
the offering for Canadian investors."
This announcement is an expansion of the Bloomberg Barclays MSCI
ESG Fixed Income Index suite, which includes a range of investment
grade aggregate and corporate index benchmarks for investors who
are aiming to incorporate ESG considerations into their strategic
asset allocation. Bloomberg also offers the Bloomberg Barclays
Canada Aggregate Index for the Canadian market.
Bloomberg provides an independent, transparent approach to
indexing for customers across the globe. For more information,
please visit this link.
About Bloomberg
Bloomberg, the global business and financial information and
news leader, gives influential decision makers a critical edge by
connecting them to a dynamic network of information, people and
ideas. The company's strength – delivering data, news and analytics
through innovative technology, quickly and accurately – is at the
core of the Bloomberg Terminal. Bloomberg's enterprise solutions
build on the company's core strength: leveraging technology to
allow customers to access, integrate, distribute and manage data
and information across organizations more efficiently and
effectively. For more information, visit
Bloomberg.com/company or request a demo.
About MSCI
MSCI is a leading provider of critical decision support tools
and services for the global investment community. With over 45
years of expertise in research, data and technology, we power
better investment decisions by enabling clients to understand and
analyze key drivers of risk and return and confidently build more
effective portfolios. We create industry-leading research-enhanced
solutions that clients use to gain insight into and improve
transparency across the investment process. To learn more, please
visit www.msci.com.
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SOURCE Bloomberg