Canadian investment management firm Mackenzie Investments has adopted Bloomberg’s ESG Manager solution, part of the broader Data License Plus (DL+) solution suite.
The solution arranges model and content sets from leading ESG providers, and will host the acquisition, management and publishing of multi-vendor ESG data. This will allow Mackenzie Investments to more efficiently implement ESG investing approaches and produce more sophisticated ESG-focused insights and investment products, the firm says.
DL+ allows clients to integrate ESG data from multiple vendors into their investment systems, acquiring, modelling and linking a customer’s licensed Bloomberg data. This includes reference, pricing, regulatory, ESG, fundamentals, estimates and historical data for quant and investment research workflows.
Bloomberg-supplied ESG data can be supplemented with further reference and pricing data, with the ‘combined universe of data’ accessible through a web-based Data Management Workstation.
Fate Saghir, senior vice president and head of sustainability at Mackenzie Investments, says: “Working with a trusted technology partner like Bloomberg [means] our team is able to operate in a more agile environment.
“Bloomberg DL+ ESG Manager enables our team to quickly access high-quality data to help assess the impact of ESG on our portfolios and to inform critical investment decisions, allowing us to deliver value to our clients.”
Don Huff, global head of client services and operations at Bloomberg Data Management Services, comments: “We built DL+ ESG Manager to help customers achieve a unified and holistic view of ESG data across their firm, delivered to the cloud data warehouse of their choice.
“The need for financial institutions to incorporate quality, consistent ESG data throughout their investment workflow continues to grow alongside the market’s ever-increasing demand for ESG data.”
