E-Capital launches ethical CDS index

E-Capital Partners, the Milan-based financial advisory company that specialises in socially responsible investment (SRI), has launched an index for ethical credit default swaps (CDS).

The index will be made up of the 125 most liquid CDS names taken from the company’s 1,550-name list of ethical corporate bonds. This list has been compiled by the company using an in-house methodology to screen firms for entry.

“We are seeing steadily growing demand from major European players in the field of structured credit derivatives transactions,” said Guerino Guarnieri, a director at E-Capital. “A new product paradigm might be born very soon.”

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