Bloomberg Expands Equity Indices with Emerging Markets and Thematic Benchmarks
Bloomberg announced the expansion of its global equity index range, including emerging market country benchmarks, sector, and thematic index capabilities. With this launch, Bloomberg fills a need for advanced index capabilities, based on its trusted data, global distribution, and fully integrated investment workflow solutions.
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Since the publication of domestic U.S. benchmarks in September 2019, Bloomberg has increased its equity index coverage across markets (developed and emerging) and sectors. The new Bloomberg emerging market benchmark family is weighted by free-float market cap, includes 26 countries, and represents over $14T in market value. Collectively, the global equity product captures over 99% of the market capitalization in 49 countries. The hundreds of indices can be used as traditional benchmarks and can also be customized using Bloomberg’s extensive research and data library.
The first Bloomberg thematic benchmark to be launched is the Bloomberg Electric Vehicles Index, which will be used in a KraneShares ETF. The index draws from proprietary research from Bloomberg Intelligence (BI) and BNEF analysts to capture companies that derive significant revenues from electric vehicles, energy storage technologies, autonomous navigation technology, lithium and copper mining, and hydrogen fuel cells.
“We are responding to investor demands for a comprehensive and cost-effective alternative that’s fully integrated with our data and distribution channels,” said Alan Campbell, Head of Product Management for Bloomberg’s Multi-Asset Index business. “The combination of our trusted data and expert analysis enables us to deliver unique thematic and factor indices to support any investment strategy.”
Through Bloomberg’s growing equity capabilities and acquisition of the Bloomberg Commodity Index (BCOM) in 2020, Bloomberg is also able to offer a full spectrum of multi-asset offerings for investors. Standard and alt-weighted asset-allocation benchmarks can now combine equity, fixed income, FX, commodities, and crypto. Bloomberg ESG indices will offer exposure to proprietary and third-party ESG scores. All Bloomberg Terminal users have full access to Bloomberg’s index families at IN and PORT .