New benchmarks to view momentum, quality and value within the Brazilian investable universe
WEBWIRE – Monday, August 8, 2022
Bloomberg announced the debut of its first family of factor focus indices for Brazilian equities. The indices will give Brazilian asset managers and bankers new benchmarks on momentum, quality and value factors.
The Bloomberg Brazil Factor Focus family of indices include the Bloomberg Brazil Momentum Focus Index, the Bloomberg Brazil Quality Focus Index and the Bloomberg Brazil Value Focus Index. These indices are designed to represent the performance of companies that exhibit high factor exposures within the Brazilian investible universe. They are constructed from a combined and weighted basis of factor-specific descriptors.
Bloombergs Factor indices can be used to create new investment tools such as exchange traded funds. Brazil is seeing a surge of ETF creation with more than 70 ETFs now listed on the exchange Brasil, Bolsa, Balcão (B3) this year.
The Bloomberg Factor Indices come at a time when institutional and individual investors are looking for new passive investing ideas that are diverse, have lower portfolio expenses, and are transparent, said Geraldo Coelho, Bloombergs Business Executive for Latin America, who is based in Sao Paulo.
Dave Gedeon, Global Head of Multi-Asset Indices at Bloomberg, said, The Bloomberg Equity Indices are a complete family that can be leveraged for the creation of new and innovative benchmarks to meet the evolving demands of investors. Leveraging Bloombergs global footprint across indices and research has resulted in a new factor family specific for the Brazilian market.
Bloombergs New Brazil Factor Focus Indices will be available to anyone at no cost at Bloomberg.com, including index value and some return metrics.
About Bloomberg Index Services Limited
Bloombergs index team has a proven track record in creating industry-standard and bespoke indices across asset classes, including market-leading fixed income and commodity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving needs. As an integral part of Bloomberg, BISL has access to an unparalleled breadth of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers products.
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 companys strength delivering data, news and analytics through innovative technology, quickly and accurately is at the core of the Bloomberg Terminal. Bloombergs enterprise solutions build on the companys core strength: utilizing 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.