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MSCI, Bloomberg team up on China ESG indices

The two index providers announced a suite of nine ESG indices covering China fixed income.
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MSCI and Bloomberg have announced that they have teamed up on a new suite of ESG indices covering China fixed income.

Bloomberg, which is one of the three major publishers of fixed income indices globally alongside FTSE Russell and JP Morgan, and US flagship index publisher MSCI said that this would comprise nine ESG indices that track the performance of the renminbi-denominated and US dollar-denominated bond markets.

The newly launched indices include three flagship ESG indices based on the Bloomberg China Aggregate Index, the Liquid China Credit Index and the China USD Credit Index.

The Bloomberg MSCI China ESG indices are an expansion of the Bloomberg MSCI ESG fixed income index suite, which comprises a range of investment grade aggregate, corporate index and multi-currency, high yield benchmarks for investors that are looking to incorporate ESG factors into their investments.

“We are delighted to expand our ESG index offerings to meet the needs of investors who are looking to increase exposure in China’s bond market, as we continue to advance index solutions for use in the sustainable investment space around the world,” said Ji Zhuang, Asia Pacific head of indices at Bloomberg.

“MSCI has always placed ESG and sustainability as one of our key business priorities in understanding how ESG factors impact risk and return,” said Douglas Walls, Asia Pacific head of index products at MSCI.

“We are pleased with the launch of the new suite of indices as our goal is to help the investor community navigate the journey towards sustainable investing through analytics and solutions insights.”

This story first appeared on our sister publication, ESG Clarity.

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