Amundi ETF has posted over €4bn of net new inflows over 2016, the firm announced.
This record level of inflows brought Amundi ETF’s total AUM to €25bn at the end of last year, up around 27% year-on-year.
The Amundi ETF global and regional emerging market equity range has drawn more than 40% of total European ETF market flows to equivalent exposures in 2016, according to the French manager.
AUM of the Amundi ETF MSCI Emerging Markets Ucits ETF have reached over €2bn as at end-2016.
Also newly launched Amundi ETF Floating Rate Usd Corporate Ucits ETF and Amundi ETF BBB Euro Corporate Investment Grade Ucits ETF have posted over €1.3bn and €130m of net new cash respectively over 2016.
As for the Amundi single and multi-factor ETF range, the firm reported net new inflows of €1.2bn in 2016, bringing the total AUM to more than €2.1bn in smart beta ETFs.
Amundi ETF has unveiled plans to grow market share in the institutional market and strengthen its footprint with distribution channels.
It is understood new physical ETFs will be launched by Amundi’s passive subsidiary, with a focus on the fixed income space.
Fannie Wurtz, managing director of Amundi ETF, Indexing & Smart Beta, said: “Amundi ETF has been able to achieve very successful results in 2016, with record inflows and sustained growth. In 2016 investors definitively kept on selecting Amundi as a reference partner of choice in passive management, for our first-class replication capabilities as well as pricing power.
“This very positive year confirms Amundi ETF’s robustness and our ability to provide investors with innovative and cost-efficient solutions over the long term, together with the crucial support and experience of Amundi to expand into new client segments in 2017.”