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Amundi Lists 11 ETFs on the London stock exchange

Amundi, a leading French asset manager, has taken a significant step by listing 11 new ETFs on the London Stock Exchange (LSE). This move not only strengthens Amundi’s position in the UK market but also provides more investment options for both individual and institutional investors.

Amundi reaffirms commitment to the UK Market

The French asset manager Amundi has listed 11 ETFs on the London Stock Exchange (LSE), emphasizing its commitment to the UK market. This listing brings the total number of Amundi ETFs in London to 272.

Amundi Asset Management - Building Bridges

ETFs for both individual and institutional investors

The newly listed ETFs, domiciled in Ireland, cater to both individual and institutional investors. Among them is the Amundi Prime All Country World Ucits ETF Dist, which Amundi claims is the lowest-cost broad-market ETF in Europe, with an ongoing charge of just 0.07%. This fund manages over €2 billion in assets.

Other ETFs listed include Amundi MSCI USA Mega Cap and Amundi MSCI USA Ex Mega Cap Ucits ETFs ACC. According to Amundi, the first ETF is the cheapest for this level of exposure, with an ongoing charge of 0.15%, while the second is the only ETF offering this exposure as of the end of January.

Strengthening market presence

Eric Bramoullé, CEO of Amundi’s UK branch, highlighted the importance of this launch: “The launch of these ETFs on the LSE underscores our commitment to the UK market and provides investors with innovative, cost-effective choices that align with their needs.”

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Ashkan Daghestani, Head of ETF Sales and Indexing for the UK and Ireland at Amundi, noted that UK investors are increasingly turning to ETFs as flexible, cost-efficient solutions for risk management and portfolio diversification. He emphasized, “They will now have access to a wide range of core investments and innovative products to build strong and diversified portfolios.”

Amundi’s expanding ETF operations

As the second-largest ETF provider in Europe, Amundi manages over €270 billion in ETF assets, with total group assets exceeding €2.2 trillion.

Earlier this month, Ignites Europe reported that the Crédit Agricole-owned asset manager launched four lifecycle target-date ETFs for retail investors in Europe, providing it with a competitive edge over mutual fund rivals.

Conclusion

Amundi’s expansion of its ETF portfolio in London is a clear testament to its commitment to the UK market. By offering innovative, low-cost investment choices, Amundi not only strengthens its position but also enables investors to access diverse and efficient investment strategies with ease.

Ignites Europe is a news service published by FT Specialist for professionals in the asset management industry. A trial and subscription are available at igniteseurope.com.

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