Touchstone Investments Partners with Bloomberg to Elevate Active Investment Strategies

In a significant move aimed at bolstering its investment strategies, Touchstone Investments announced the adoption of Bloomberg Equity Indices as its new benchmarks for the firm's investment offerings. This strategic decision highlights Touchstone's commitment to delivering actively-managed mutual funds and ETFs that meet the evolving needs of investors in today's dynamic market. With approximately $30 billion in assets under management, Touchstone is recognized for its Distinctively Active® philosophy that emphasizes superior investment processes through rigorous manager selection and oversight. By partnering with Bloomberg, a global leader in business and financial data, Touchstone can now utilize not only the Bloomberg US Domestic Style Indices but also a selection of global benchmarks including the Bloomberg World ex US Large Mid Cap Total Return Index and the Bloomberg Emerging Markets indices. This collaboration is set to enhance the investment platform provided by Touchstone, allowing for a more integrated and consistent benchmarking framework rooted in transparent, rules-based methodologies. Tim Paulin, Senior Vice President of Investments & Product Strategy at Touchstone, emphasized, 'By expanding our relationship with Bloomberg to include equity indices, we're enhancing consistency across our platform with transparent, rules-based benchmarks that support portfolio evaluation and long-term investment decision-making.' The adoption of Bloomberg’s indices also signifies a shift towards a more data-driven approach in investment management, reflecting a growing trend among asset managers to leverage reliable data infrastructure for improved portfolio construction, performance measurement, and risk management. Mike Pruzinsky, Equity Index Product Manager at Bloomberg, highlighted the essential role that consistent methodologies and robust data systems play in supporting investments that operate across both active and sub-advised models. Bloomberg's comprehensive set of equity indices encompasses over 99% of eligible free float market capitalization across 40+ countries, offering extensive regional and sector exposure options. This includes traditional growth and value style indices, factor index strategies, and specialized benchmarks tailored for ESG criteria, among others. The richness in their offerings enables firms like Touchstone to create versatile and diverse investment products that cater to a wide range of investor preferences and strategies. The deepening partnership between Touchstone Investments and Bloomberg not only reinforces the importance of innovative index solutions in asset management but also serves as a reminder of the fundamental role that transparency and consistency play in today’s investment landscape. With these advancements, investors represented by Touchstone can expect to see enhanced performance tracking and risk evaluation capabilities, further solidifying the firm’s standing as a proactive participant in the investment services sector. As the financial landscape continues to evolve, collaborations such as this one showcase the adaptability and forward-thinking approach necessary for asset managers to thrive. Those interested in understanding more about Bloomberg’s equity indices and their applications are encouraged to visit www.bloombergindices.com for further insights.