Fund data and technology provider FE fundinfo has signed an ESG data agreement with MSCI to improve its ESG capabilities.
As part of the tie-up, MSCI’s ESG fund ratings and data will be included in FE fundinfo’s products such as Trustnet, FE Analytics, and fundinfo.com.
Users of these services will be able to access a range of ESG data, including a fund’s overall ESG-Score.
They will be also able to access detailed metrics such as the social and governance measures and rating distribution, the fund’s carbon intensity, green and brown revenue generation and any United Nations Global Compact violations they may have.
FE fundinfo head of Business Development and Strategy Philipp Portmann said: “From fund managers and distributors to financial advisers and the end investor, ESG investing is becoming an increasingly important part of industry thinking.
“In MSCI we will be working with a market leading organisation and one that shares our commitment to bringing greater transparency to the industry, allowing investors to make better informed decisions.”
FE fundinfo has been focusing on expanding its ESG capabilities since its takeover of CSSP earlier this year and the establishment of ESG Product Group.
MSCI EMEA head of ESG Coverage Jillis Herpers said: “An MSCI ESG Fund Rating is designed to provide greater comparable transparency and understanding of a fund’s resilience to long-term, industry material ESG risks.
“Our rules-based methodology enables the identification of industry leaders and laggards within a fund and our leading climate data and analytics allows us to provide carbon intensity metrics.”
FE fundinfo was established in 2018 through the partnership of investment adviser and software provider FE with fundinfo and F2C.
The firm offers a range of data coverage and product range of European and Asian markets, supporting fund managers and distributors across different markets.