MSCI and MarketAxess collaborate on liquidity fixed income indexes
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MSCI and MarketAxess collaborate on liquidity fixed income indexes 29 April 2022US Reporter: Carmella Haswell
Image: BillionPhotos.com/stock.adobe.com
MSCI, a global provider of equity, fixed income and multi-asset portfolio analysis tools, has announced a collaboration with MarketAxess.
The partnership will see the two firms create portfolio analytics solutions and co-branded fixed income indexes, which will incorporate MarketAxess’ liquidity data.
MSCI plans to integrate MarketAxess’ AI-powered pricing and liquidity measures, including Relative Liquidity Score and Tradability, into MSCI’s portfolio construction analytics tools and its fixed income indexes.
MarketAxess also plans to leverage MSCI’s ESG ratings to identify and create more liquid and sustainable fixed income portfolios for its global institutional clients.
Henry Fernandez, chairman and CEO of MSCI, comments: “MSCI is committed to expanding and enhancing our fixed income solutions to reflect the increasingly complex needs of the institutional investment community.
“As bond markets continue to evolve beyond over-the-counter trading coupled with compressed management fees, investors seek to effectively analyse and index fixed income securities. MSCI’s collaboration with MarketAxess will empower investors with portfolio analytics and index products, in addition to offering them tools and robust datasets in growing areas of interest, namely ESG.”
Speaking on the announcement, Rick McVey, chairman and CEO of MarketAxess, adds: “This collaboration provides an opportunity to enhance our mutual clients’ trading outcomes by enabling them to power their portfolio construction process with MSCI’s advanced analytics.
“As our clients reimagine the benefits of using electronic trading solutions, we see great value in using our proprietary liquidity data to enhance MSCI’s proprietary portfolio construction tools and market leading Index platform.”
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