Global ESG Bond Fund Landscape

Hortense Bioy, CFA, is global director of sustainability research for Morningstar UK Ltd, a wholly owned subsidiary of Morningstar, Inc. Based in London, Bioy leads Morningstar's environmental, social, and governance research efforts globally, with the objective of educating investors and providing them with the tools they need to evaluate funds through an ESG lens. Prior to assuming this role in February 2021, she was responsible for Morningstar's sustainability research in EMEA for three years.

Before transitioning to a dedicated ESG focus, Bioy was European director of passive strategies research. She led an award-winning team that provides research on exchange-traded funds and index funds. Bioy joined Morningstar as an ETF analyst in 2010 from Bloomberg, where she was a financial journalist. She began her career as a mergers and acquisitions analyst at Société Générale in Hong Kong.

Bioy holds a master's degree in finance from Paris Dauphine University and a postgraduate degree in finance from Paris-Sorbonne University. She also holds the Chartered Financial Analyst® designation.

Benjamin Joseph is a senior manager research analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers fixed-income mutual funds.

Before joining Morningstar in 2017, Joseph spent two years managing a global commodities research company in Paris. Before that, he spent more than five years in the hedge fund industry as an analyst and a fund of hedge funds portfolio manager in Paris and New York.

Joseph holds a specialized postgraduate degree in financial techniques from ESSEC Business School, a master’s degree in business administration from Université Paris-Dauphine, and a bachelor’s degree in international business from Regent's Business School London. He also holds the Chartered Alternative Investment Analyst designation.