New benchmarks to see momentum, quality and value within the Brazilian investable universe
WEBWIRE Monday, August 8, 2022
Bloomberg announced the debut of its first category of factor focus indices for Brazilian equities. The indices gives Brazilian asset managers and bankers new benchmarks on momentum, quality and value factors.
The Bloomberg Brazil Factor Focus category of indices are the Bloomberg Brazil Momentum Focus Index, the Bloomberg Brazil Quality Focus Index and the Bloomberg Brazil Value Focus Index. These indices are made to represent the performance of companies that exhibit high factor exposures within the Brazilian investible universe. They’re made of a combined and weighted basis of factor-specific descriptors.
Bloombergs Factor indices may be used to create new investment tools such as for example exchange traded funds. Brazil is seeing a surge of ETF creation with an increase of than 70 ETFs now listed on the exchange Brasil, Bolsa, Balco (B3) this season.
The Bloomberg Factor Indices come at the same time when institutional and individual investors are searching for new passive investing ideas which are diverse, have lower portfolio expenses, and so are transparent, said Geraldo Coelho, Bloombergs Business Executive for Latin America, who’s located in Sao Paulo.
Dave Gedeon, Global Head of Multi-Asset Indices at Bloomberg, said, The Bloomberg Equity Indices certainly are a complete family which can be leveraged for the creation of new and innovative benchmarks to meet up the evolving demands of investors. Leveraging Bloombergs global footprint across indices and research has led to a fresh factor family specific for the Brazilian market.
Bloombergs New Brazil Factor Focus Indices will undoubtedly be open to anyone free at Bloomberg.com, including index value plus some return metrics.
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