RIMES, the leading provider of managed data services for the buy-side, today announced it has added the S&P 500® Bond Index to its data sources from S&P Dow Jones Indices. This latest addition to the RIMES Benchmark Data Service® (RIMES BDS®) is further evidence of the ever-growing buy-side demand for data.
The S&P 500 Bond Index is the market’s first ever index that tracks the debt of the S&P 500 companies. Weighted by the market value of the bonds and with a maturity requirement of greater than one month, the S&P 500 Bond Index is liquid enough to serve as a benchmark for exchange traded funds and structured products. The index family includes quality based indices as well as each sector of the S&P 500 Index.
“The S&P 500 Bond Index is the first that provides a clear and timely proxy for the performance of U.S. corporate debt issued by the constituents of the iconic S&P 500 stock market index,” says JR Rieger, Head of Fixed Income at S&P Dow Jones Indices. “By having this Index featured on the RIMES Benchmark Data Service, one of the most in-depth platforms for benchmarking and performance attributions tools, market participants will have another arrow in their quiver to make more informed fixed income investment decisions.”
Alessandro Ferrari, Global Head of Marketing RIMES, said: “We have a longstanding relationship with S&P Dow Jones Indices that enables us to integrate all of the data sources that our clients require quickly and efficiently. Introducing the S&P 500 Bond Index highlights the ever-increasing volume of data that buy-side asset managers use to inform investment strategies and we continually build our services to meet their needs.”
Information on the index coverage and data items through this partnership is available at https://www.rimes.com/sp-500-bond-index.
A comprehensive list of RIMES’ full data coverage can be found at www.rimes.com/data.
For further information, please contact us.
- RIMES launches unique Index Identifier to give investment management firms the data insights they’ve been unable to access until now
- Data Supply Chain Optimization Within Investment Management
- Market Surveillance Automation: Delay No More
- BMR Mutates, and Becomes More Troublesome
- Making Cloud-First Data a Success