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.