Amundi ETF extends physical range

Stockmarket-Stock-Market-FTSE-Performance-700x450.jpgAmundi ETF is to extend its physical ETF range to nearly 20 products and develop discretionary or advisory portfolio management for model portfolios.

The range will invest in core equity – including global, US, Europe and Japan – and fixed income exposures and will be available on Europe’s main stock exchanges in the coming weeks.

Amundi ETF managing director of indexing and smart beta Fannie Wurtz says: “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, Europe’s fifth largest ETF provider, has had €1.2bn of inflows since the beginning of the year, boosting total assets under management to more than €21bn at the end of August.