Verisk & LGIM to develop ESG index funds

Verisk Maplecroft is to partner with Legal & General Investment Management to develop a suite of sovereign ESG index funds.

For the funds, LGIM will use Verisk Maplecroft’s sovereign ESG analytics that includes geospatial, unstructured, structured and expert-scored subnational and national indicators, and a range of proprietary modelling techniques. These will be used to generate assessments of key ESG issues in LGIM sovereign debt portfolios.

Lee Collins, Head of Index Fixed Income at LGIM added: “We have exciting plans to develop new LGIM-designed Sovereign ESG Index funds, driven by Verisk Maplecroft’s data. There are an increasingly large set of clients who would like to see deeper ESG integration for sovereign debt. It is an opportunity to create indices consistent with clients’ values and this collaboration will help us achieve that.”