Bloomberg Launches Its Own Equity Indexes: Portfolio Products
September 25, 2019 by Jeff Berman
Bloomberg entered the U.S. equity index market, introducing equity benchmark capabilities. The equity offering includes the Bloomberg U.S. Large Cap Index (B500) as well as growth, value and dividend indices.The benchmarks serve as the basis for the new Bloomberg SASB ESG Index family that also includes Environmental, Social and Governance (ESG)-weighted versions of the value, growth and dividend indices, it announced.
“Building equity index capabilities was a natural extension of our existing suite of fixed income, commodity and currency indices,” according to Steve Berkley, global head of Bloomberg Indices. “We are responding to requests from investors to offer comprehensive and competitive equity index solutions to help our existing index clients address their needs across asset classes,” he said in a statement.
Click HERE to read the full story via Think Advisor.
