NEW YORK, Feb. 11, 2020 /PRNewswire/ -- Bloomberg and MSCI
Inc. (NYSE: MSCI), a leading provider of critical decision
support tools and services for the global investment community,
today announced the expansion of the Bloomberg Barclays MSCI ESG
Fixed Income Index suite with the global launch of nine
environmental, social and governance (ESG) high yield indices.
The indices incorporate ESG considerations in underlying fixed
income indices and are co-branded as the Bloomberg Barclays MSCI
ESG High Yield Indices. The family of high yield bond benchmarks
include three variants across US, Pan-Euro, and Global:
- The Bloomberg Barclays MSCI High Yield SRI Indices:
designed to exclude issuers with substantial revenue derived from
sources such as adult entertainment, alcohol, gambling, tobacco,
controversial military weapons, civilian firearms, nuclear power,
and genetically modified organisms (GMOs).
- The Bloomberg Barclays MSCI High Yield Sustainability
Indices: designed to include issuers with higher MSCI ESG
Ratings.
- The Bloomberg Barclays MSCI High Yield ESG Weighted
Indices: designed to use MSCI ESG Ratings to adjust issuer
market weights.
"With ESG becoming increasingly integrated into investors'
workflows, we are always working to expand our ESG offerings to
meet this demand – in this case with our new ESG High Yield
indices," said Chris Hackel,
Index Product Manager, Bloomberg. "Our longstanding
relationship with MSCI has provided investors with a broad
portfolio of ESG index solutions, and we are excited to evolve it
further to include a solution for high-yield bonds."
"As investors increasingly pursue long-term, sustainable
investment approaches, there is more demand for ESG coverage and
transparency within the fixed income asset class. We are therefore
pleased to address this demand by collaborating with Bloomberg to
introduce nine new indices leveraging our expanded high yield ESG
coverage," said Eric Moen, Head
of ESG Products for MSCI ESG Research. "Through this
collaboration, we are providing investors with the tools and
transparency they need to effectively integrate ESG considerations
into their investment processes."
The Bloomberg Barclays MSCI ESG Fixed Income Index suite, which
includes a range of investment grade, aggregate, corporate index
and now multi-currency, high yield benchmarks, is currently
available for investors on the Bloomberg Terminal®.
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.
Bloomberg provides an independent, transparent approach to
indexing for customers across the globe. For more information,
please visit this link.
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