The Spanish bank has added two new indices developed in-house to its quantitative investment strategies (QIS) index family.
The expansion of the bank’s index family features a focus on sustainability with the addition of two new climate-related indices based on Solactive’s-owned Paris Aligned (PAB) and Climate Transition Benchmarks (CTB) - the Solactive BBVA Climate Action PAB Europe index and Solactive BBVA Climate Action CTB Europe index. Both indices feature the EU climate benchmark label, a certification that includes the EU standards for climate transition portfolios and guarantees investors transparency and co