Amundi, said to be Europe’s largest asset manager and a pioneer in Responsible Investing, has announced the expansion of its ESG ETF range, with the launch of a new fossil fuel free equity ETF, offering broad exposure to Asian Emerging Markets. Listed on Xetra, the Amundi Index MSCI EM Asia SRI – UCITS ETF DR is offered at a competitive price of 0.25 per cent OGC.
The company states that by combining its longstanding passive management expertise with leadership in responsible investing, Amundi is ideally positioned to support investors throughout their ESG transition, providing them with a strong range of sustainable equity investment solutions.
The Amundi Index MSCI EM Asia SRI – UCITS ETF DR aims to offer exposure to Asian emerging market companies with high ESG ratings and to exclude companies involved in business activities associated with negative environmental or social impact such as fossil fuel extraction, generation and reserves.
The addition of this new ETF is hoped to complement Amundi’s equity SRI filtered ex fossil fuels range, which covers all the major geographic exposures of the equity market.
Amundi states that it offers a comprehensive range of low cost ETFs designed to make sustainable investing accessible to investors, whatever their ESG integration requirements and risk budget.
Fannie Wurtz, Head of Distribution & Wealth Division & Head of Amundi ETF, Indexing & Smart Beta, says: “We are convinced that ETFs play an important role in democratising ESG. With this latest addition to our range we are empowering all investors to cost-effectively integrate ESG in their portfolios.”
Amundi is said to be a recognised European leader in the ETF market and offers over 145 ETFs across all main asset classes, geographic regions and a large number of sectors and themes. Amundi also claims to lead the ESG transformation and its ETF, Indexing and Smart Beta platform is said to be known for its wide range of high quality and cost-effective ESG solutions.