This unique dataset will enable customers
to trade fixed income ETFs with confidence, manage their exposure
and maximize their trading opportunities
NEW
YORK, June 20, 2023 /PRNewswire/ -- S&P
Global Market Intelligence today announced the launch of Fixed
Income ETF distribution forecasting data, further enhancing its
Dividend Forecasting suite of products. The newly launched product
leverages robust, industry leading dividend forecasting methodology
to provide precise bottom-up distribution forecasts for over 300 US
listed Fixed Income ETFs up to five years into the future along
with a complete announcement service to support trading strategies,
risk decisions and provide investment insight.
Thomas Matheson, Global Head
of Dividend Forecasting, S&P Global Market
Intelligence, said: "We are seeing Fixed Income ETFs
becoming more popular among all types of market participants but
trading these instruments holds specific challenges. Fixed Income
ETFs trade like equities, yet the underlying are fixed income
instruments, making the trading, hedging, and delta trading more
complex. Our new product provides a comprehensive solution for
customers by forecasting distribution accruals and payments for
these assets. I'm confident that this new dataset will increase
transparency and enable investment banks, hedge funds, and asset
managers to confidently price derivatives and trade a larger
universe. We are proud to be able to fill the gap in the market to
the much-needed bond market liquidity."
The new fixed income ETF data is a result of a unique
calculation process by S&P Global, that combines analytics from
Evaluated Bond Pricing data, which delivers daily prices on 2.3
million government, sovereign, corporate, securitized, and
municipal instruments, with the ETF composition data that is
verified daily.
Fixed Income ETFs, like their Equity counterparts, are listed on
exchanges and are traded throughout the day like stocks. They can
be more tax efficient than their mutual fund and dealer market
counterparts. As a result, there is a record in-flow into fixed
income ETFs. Forecasts on fixed income ETF distributions will
facilitate the ease with which these funds are traded by all market
participants.
S&P Global's Dividend Forecasting dataset contains
independent dividend amount and date estimates for 35,000+ global
stocks, ETFs and ADRs up to five years in the future. It delivers
precise forecasts of the size and timing of payments based on
bottom-up fundamental research, the latest company news and insight
from a proprietary advanced analytics model.
About S&P Global Market Intelligence
At S&P
Global Market Intelligence, we understand the importance of
accurate, deep and insightful information. Our team of experts
delivers unrivalled insights and leading data and technology
solutions, partnering with customers to expand their perspective,
operate with confidence, and make decisions with conviction.
S&P Global Market Intelligence is a division of S&P
Global (NYSE: SPGI). S&P Global is the world's foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive markets.
With every one of our offerings, we help many of the world's
leading organizations navigate the economic landscape so they can
plan for tomorrow, today. For more information, visit
www.spglobal.com/marketintelligence.
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Media Contact:
Sabrina Mayeen
S&P Global | Market Intelligence
+44 (0)20 7176 0495
Sabrina.Mayeen@spglobal.com
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SOURCE S&P Global Market Intelligence