The Global Markets Intelligence (GMI) unit at S&P Capital IQ has partnered with Paris-based La Francaise AM in order to share their global credit expertise and expand their investor-driven businesses, the two companies announced Thursday.
S&P Capital IQ, based in New York, is a provider of research, data and analytics, and the asset management firm La Francaise has a 35-year track record in securities and real estate. Under the partnership, GMI will provide nondiscretionary investment advisory services to La Francaise’s fixed income asset management team.
“In a world where credit market intelligence is key, who could be better than S&P Capital IQ to team up with and provide us with decision support, credit data analysis and advisory services?” said Patrick Rivière, managing director of La Francaise, in a statement.
In the context of an upcoming launch of a global credit Luxembourg fund, La Francaise plans to leverage S&P Capital IQ’s proprietary Risk-to-Price (R2P) methodology to assist in its asset selection and allocation decision-making. R2P calculates a relative measure of how well a corporate bond compensates its owner, through yield, for its underlying market and credit risks.
“In such demanding and changing financial markets, the key to success is in creativity, collaboration and innovation,” said Lou Eccleston, president of S&P Capital IQ & S&P Indices. “This complementary partnership brings together two talented teams and establishes a platform for collaboration between leaders in their respective disciplines to create real value for the clients of La Francaise AM.”
S&P Capital IQ’s history is linked to the history of Standard & Poor’s, which has provided investors with proprietary credit and risk information for the past 150 years.
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