Amundi Extends Sustainable Investing Range with Two New ESG ETFs
Leading European asset manager Amundi announced today the launch of two new ESG ETFs, including the Amundi Global AGG SRI – UCITS ETF DR, and the Amundi MSCI AC Far East Ex Japan ESG Leaders Select – UCITS ETF DR.
Amundi Global AGG SRI will track the Bloomberg MSCI Global Aggregate 500MM ex Securitized Sustainable SRI Sector Neutral Index, designed as a sustainable investment tool to offer exposure to the broad fixed income market. Amundi MSCI AC Far East Ex Japan ESG Leaders Select tracks the MSCI AC Far East ex Japan ESG Leaders Select 5% Issuer Capped Index, which tracks the performance of large and mid-cap stocks across Developed and Emerging Markets, including China, Taiwan, Hong Kong, South Korea and Singapore, aiming to provide exposure to companies with high ESG performance relative to their sector peers.
The launches mark a continued expansion and strengthening by Amundi of its ESG investment range, including moves to transition two of its core equity ETFs into equivalent ESG exposures earlier this month, and recently shifting a €12 billion suite of ESG ETFs to track Paris-aligned Benchmarks. Amundi introduced its ‘ESG Plan 2025’ last year, which included goals to increase the proportion of its ESG funds in its investment products. According to Amundi, which is a subsidiary of the Crédit Agricole Group, the initiative forms part of the group’s Societal Project, which is focused on the key priorities of climate, social cohesion and agricultural and agri-food transitions.
Matthieu Guignard, Global Head of Product Development and Capital Markets at Amundi ETF, Indexing & Smart Beta, said:
“We are delighted to further extend our Amundi ETF responsible range with these two new products. As investors are increasingly looking for new tools allowing them to build sustainable portfolios for all asset classes, we are committed to provide them with a large range of high quality, robust and cost-efficient ESG ETFs.”