Amundi to extend physical ETF range in Europe
Amundi ETF will extend its physical ETF range to almost 20 ETFs available for European retail investors.
The range will be provide investors with core equity (Global, Europe, Euro, US, Japan) and fixed income exposures (global government bonds, European government bonds, global aggregate, European corporate bonds).
The ETFs will be traded on Europe’s main stock exchanges in the coming weeks.
Fannie Wurtz, managing director at Amundi ETF, Indexing & Smart Beta, said: “Growing retail demand will be one of the most important growth drivers of the ETF industry in the coming years. The expansion of our physical ETF product range underlines our commitment to that space and will provide crucial and competitive building blocks many distributors are looking for in order to design packaged solutions for investors.”
Amundi ETF reported €1.2bn of inflows since the start of the year, bringing total AUM to over €21bn as of 31 August 2016.