Canaccord Wealth Adopts Bloomberg Indices for Active Equity Fund Management

Bloomberg today announced that Canaccord Wealth, one of the UK’s top wealth managers, will transition to Bloomberg equity benchmarks across its Model Portfolio Solutions and broader equity strategies. Canaccord will add the Bloomberg Equity Developed Markets and Bloomberg Equity Emerging Markets index families to their long-standing use of Bloomberg Fixed Income indices.

“Having used Bloomberg’s fixed income benchmarks for many years, we’ve seen the quality, transparency and support delivered through the firm’s offerings first-hand,” said Richard Champion, Co-Chief Investment Officer at Canaccord Wealth. “Adopting Bloomberg’s equity indices allows our teams to operate on one consistent methodology, backed by the same data, tools and service, so we can stay focused on delivering for our clients.”

Canaccord’s decision to extend its usage of Bloomberg Indices to its equities families reflects a wider trend across wealth platforms in the UK to adopt integrated, cross-asset indices for Model Portfolio Solutions. Canaccord chose Bloomberg’s Developed and Emerging Markets families for their rules-based cross-asset methodology, seamless workflow integration, and the breadth of trusted data.

“We’re pleased to expand our partnership with Canaccord Wealth and support their tailored portfolio solutions. Their adoption of our equity benchmarks adds to a growing list of wealth managers that have found additional value in Bloomberg’s approach to benchmark construction and cross asset integration.” said Allison Stone, Head of Multi-Asset Index Product Management at Bloomberg Index Services Limited (BISL).

Bloomberg clients can access the full suite of indices on the Bloomberg Terminal at {IN <GO>}. To learn more about Bloomberg’s index offerings, visit www.bloombergindices.com.

About Canaccord Wealth

Canaccord Wealth is a top ten UK wealth manager by assets under management. We offer personalised discretionary portfolio management, advisory and execution-only stock broking, and wealth planning to individuals, businesses, and charities. With 16 locations across the UK, Guernsey, the Isle of Man, and Jersey – and expanded reach to support clients in Singapore and Dubai – our focus is on providing tailored solutions to help our clients grow and manage their wealth with confidence.

About Bloomberg Index Services Limited
Bloomberg’s index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers’ products. For more information, visit www.bloombergindices.com.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

Media Contacts
Bloomberg US, Casey Fernandez, +1 212 617 6463, csheets8@bloomberg.net

Bloomberg EMEA, Becca Parlby, +44-20-35250572, bparlby@bloomberg.net