Tuesday, April 10, 2007

A new way to "beat the heat"

New bond index linked to climate change

"Investors interested in finding climate friendly corporations have a new tool with the introduction of JP Morgan’s Environmental Index-Carbon Beta platform, called JENI-Carbon Beta. This is the first corporate bond index to consider climate change. Launched in the last week of February by JP Morgan Chase (JPM) and Innovest Strategic Value Advisors, the index is designed to help investors make decisions considering the risks and benefits of corporate bonds with regard to climate change. "


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