Bringing you live news and features since 2006 

  Amundi adds ESG to Italian blue chip ETF  



Amundi has transitioned an additional ETF on a flagship equity index into an ESG equivalent, moving the Amundi FTSE MIB UCITS ETF to the Amundi Italy MIB ESG – UCITS ETF DR and it is now the first ETF tracking the newly created MIB ESG index, developed by Euronext.

The index tracked by the ETF offers exposure to the 40 main Italian stocks which demonstrate strong Environmental, Social and Governance practices among the 60 most liquid Italian companies listed on the Italian Stock Exchange.


It applies norm-based exclusion filters in accordance with the United Nation (UN) Global Compact principles and a negative screening allows to exclude companies involved in controversial business practices. The ETF also aims to deliver an improved weighted carbon intensity compared to its investible universe.


Arnaud Llinas, Head of ETF, Indexing & Smart Beta at Amundi, says: “Responsible investing is at the heart of Amundi’s ETF product development strategy, this is why we are delighted to partner again with Euronext and accompany investors in the reorientation of capital towards sustainable portfolios. We believe that issuing ESG equivalent of national blue chip indices is also instrumental to help democratise ESG investing”.


Fabrizio Testa, CEO, Borsa Italiana, part of Euronext Group, adds: “Following the launch of the MIB ESG last October, Euronext is glad that Amundi decides to launch the Amundi Italy MIB ESG – UCITS ETF DR. This is further evidence of strong market appetite for solutions that enable the integration of ESG considerations into core investment portfolios. We look forward to continuing to collaborate with our clients in developing products supporting this ESG transition, in line with our ‘Fit for 1.5°’ commitment”.





Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by