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Casam launches 10 ETFs on Euronext Paris

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Crédit Agricole Structured Asset Management (Casam) has launched ten products on Euronext, increasing the total number of ETFs launched in 2008 to 21.

Crédit Agricole Structured Asset Management (Casam) has launched ten products on Euronext, increasing the total number of ETFs launched in 2008 to 21.

The latest round of launches enables investors to buy and sell ETFs tracking the main European industry sectors and introduces international coverage through two products: Casam ETF MSCI US and Casam ETF MSCI Japan.

Valérie Baudson, managing director of Casam ETF, says: ‘The Casam ETF range has been welcomed by institutional investors with an appetite for competitively priced ETFs’.

Lisa Dallmer, senior vice president, global index and exchange traded products, NYSE Euronext, adds: ‘We are delighted to welcome this new CASAM initiative, which confirms their commitment in the ETF space. ETFs are attractive investment products as they are flexible, transparent and cost efficient. With this introduction, we now have nearly 400 listed ETFs with over 260 underlyings on our European markets, thus confirming our position as a leader in ETF listings.’

The Casam ETF product range is distributed by a sales team at CA Cheuvreux as well as through the sales network of Crédit Agricole Asset Management.

The Casam ETF range now comprises 24 products.

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