Amundi ETF surpasses the €50bn milestone ending 2019 with €55bn assets under management. Growth rate ahead of the European ETF market over the last three years….
Fannie Wurtz, Head of Amundi ETF, Indexing and Smart Beta
– €8bn of net new assets over 2019, more than doubled compared to 2018
– Amundi Prime ETF, Europe’s most competitive core ETF range, reaches €1bn AUM
Amundi ETF has surpassed the €50bn threshold in 2019 and closes the year with €55bn assets under management.
Amid the fast-paced growth of the European ETF market over the last three years, Amundi ETF exceeded the market’s growth rate during the period, and achieved the highest growth rate among the top-5 European ETF providers.
Net new assets of €8bn more than doubled the amount collected in the previous year. These strong inflows allowed Amundi to maintain its position among the top providers in the European ETF market, ranking 4th by net new assets2 in 2019 and strengthening its market share in terms of assets under management.
In the context of a dynamic market environment, flows to Amundi’s ETF range were diversified across multiple asset classes. Amundi’s ETF offering thus proved itself to be well adapted to investors’ strategic as well tactical asset allocation needs.
A key factor in Amundi’s 2019 success was its ability to address the various needs of its clients, from institutional to fund managers, as well as the growing demand for ETF-based solutions for distributors. The platform continued to accelerate the growth of its footprint in Europe as well as in Asia and Latin America, where the Amundi UCITS ETF franchise is meeting a growing demand from investors.
Fannie Wurtz, Head of Amundi ETF, Indexing and Smart Beta, said: “In a highly dynamic market environment, these strong results demonstrate investors’ continued confidence in Amundi ETF and confirm our position as a leading ETF provider. We are committed in the long term to offer wide-ranging, cost competitive and innovative ETFs to our clients, be they institutional or distributors”.
Innovation and cost-efficiency at the core of product development:
With innovation and cost-competitiveness in its DNA, Amundi further expanded its ETF range in 2019, to address different market conditions, asset classes, sectors and themes.
Among the most successful launches:
– Amundi Prime ETFs: Europe’s cheapest core ETF range offering both equity and fixed income exposures. The range surpassed €1bn AUM4, demonstrating its effectiveness in answering investors’ demand for low-cost, simple and transparent investment tools.
– SRI and Low Carbon ETFs: Amundi continued to expand its SRI and Low Carbon ETF range, which now includes seven equity and fixed income ETFs tracking MSCI SRI and Bloomberg Barclays indices and a Low Carbon ETF. Those ETFs attracted over €1.2bn net new assets in 2019, representing 15% of inflows over the year.