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Mackenzie Investments Selects Bloomberg to Manage ESG data

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Mackenzie Investments, a large Canadian investment management firm, has selected Bloomberg to manage its ESG data. The data vendor’s cloud-based Data License Plus (DL+) ESG Manager will be used to host the acquisition, management and publishing of multi-vendor ESG data, allowing the firm to implement ESG investing approaches more efficiently and develop more sophisticated ESG-focused insights and investment products.

ESG Manager is part of Bloomberg’s DL+ solution suite and is designed to address client demand for integration of ESG data from multiple vendors into their investment systems. While DL+ acquires, models and links a customers’ licensed Bloomberg data, which includes reference, pricing, regulatory, ESG, fundamentals, estimates and historical data for quant and investment research workflows, ESG Manager arranges the different models and content sets offered by ESG data providers.

“Bloomberg DL+ ESG Manager enables our team to quickly access high-quality data to help assess the impact of ESG on our portfolios and inform critical investment decisions, allowing us to deliver value to our clients,” says Fate Saghir, senior vice president, head of sustainability at Mackenzie Investments.

Don Huff, global head of client services and operations at Bloomberg Data Management Services, adds: “We built DL+ ESG Manager to help customers achieve a unified and holistic view of ESG data across the firm, with the data delivered to the cloud data warehouse of their choice.”

The ESG data made available through Bloomberg can also be supplemented with other reference data and pricing through DL+. This creates a combined universe of data that can be easily browsed and navigated through a web-based data management workstation.

Mackenzie Investments has previously adopted Bloomberg’s AIM and PORT Enterprise solutions to support its portfolio management and ETF workflows.

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