GERMANY: Solactive Launches New USD and EUR High Yield Bond Benchmarks

Friday January 20 2017

Following the successful launch of the Solactive Euro IG Corporate Index tracking the performance of the EUR-denominated investment grade bond market, Solactive AG has announced the release of two new fixed-income benchmarks, namely the Solactive Euro HY Corporate Index and the Solactive USD High Yield Corporate Index. These benchmarks are designed to provide a snapshot of non-investment grade bond markets denominated in EUR and USD, respectively. Solactive’s branded benchmarks have until now focused on the investment grade space, and this latest development has brought them closer to offering complete coverage of the fixed-income market.

Solactive benchmarks can serve multiple purposes. Firstly, investors can use them as reference standards to compare and evaluate portfolio results. In addition, they can provide a starting universe on which to build investment strategies or smart-beta indices. Then, benchmarks can constitute a basis for investment products such as ETFs. Lastly, they can provide analytics of market performance across countries, regions, or sectors.

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