MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, announced today that Breckinridge Capital Advisors Inc. (Breckinridge), a Boston-based investment manager specializing in high-grade fixed income, has selected MSCI ESG Research to provide environmental, social, and governance (ESG) analysis and ratings tools to support its ESG investment analysis and decision making.
Breckinridge, a signatory of the Principles for Responsible Investment (PRI), has subscribed to MSCI ESG Research's full suite of analysis and ratings products including MSCI ESG IVA, MSCI ESG Impact Monitor and MSCI ESG Sovereign Ratings. These products will be used for ESG research, analysis and ratings on key ESG issues and will help Breckinridge assess the ESG risks issuers face.
"We believe that an assessment of ESG factors in high-grade fixed income is enormously helpful in analyzing the long-term creditworthiness of corporate borrowers," said Peter Coffin, President of Breckinridge. "Integrating MSCI ESG Research's ESG data into our existing research process has added an additional layer of rigor, helping us in our efforts to reduce risk and improve return in our client portfolios. We are confident that ESG analysis will soon become widely adopted by institutional fixed income investors as an important research tool."
Remy Briand, Managing Director and Global Head of Index and ESG Research at MSCI, explained "MSCI ESG Research is proud to support Breckinridge's ESG research and integration efforts. We are the first in the industry to provide a fully integrated set of ESG research and ratings tools for both, equity and fixed income analysis. Fixed income is of major importance for most investors and we are delighted that our products are serving the growing demand for ESG investing around the world."
MSCI ESG Research products support the integration of ESG factors into the investment process and facilitate the implementation of the six Principles for Responsible Investment.