Bloomberg Index Services Limited (BISL), the company’s market benchmarks business, has launched two new commodity indices.The Bloomberg Commodity Carbon Tilted, Transition Metals, & Gold Index (BCOMCTG) and the Bloomberg Commodity Global Oil & Gas Liquidity-Weighted Index (GCOMOGL) expand the firm’s commodity offerings.These new thematic basket indices are forward-looking benchmarks aligned with themes like energy transition and infrastructure investment.“These new indices are designed to track that evolution and the way commodities demand is being reshaped as a result,” said Jigna Gibb, head of commodities and crypto index products at Bloomberg.The BCOMCTG Index underpins Fideuram’s recently launched D-X Diversified Commodities and Strategic Metals UCITS ETF. The GCOMOGL Index uses a liquidity-weighted methodology to track the global oil and gas sector.
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