2012 was a successful year for Amundi ETF, one of Europe’s leading ETF providers, with net inflows recorded of EUR 1.4 billion over the year, representing growth in assets under management of 37%.…..
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Strong growth in assets under management
Throughout 2012, the teams at Amundi ETF worked to offer investors solutions tailored to an ever-changing market environment. The outcome of this was an increase in AUM from EUR 6.5 billion at end-December 2011 to EUR 8.9 billion at the end of 2012 , a rise of 37% compared to growth in the overall European ETF market of 22%. This trend continued in 2013 with the EUR 9 billion AUM threshold crossed in January .
An expanded product range
The main drivers of product development were a combination of innovation and responding to investors’ requirements. The range was expanded in 2012, with two recently introduced products bringing the total available to more than 100 ETFs:
– one tracking the GOVT Bond Highest Rated EUROMTS Investment Grade 1-3 index, a new asset allocation tool within the investment grade Eurozone fixed income range
– one tracking the TOPIX Euro Daily Hedged strategy index, offering an innovative solution for investors wishing to gain exposure to Japanese equities while benefiting from daily hedging against euro/yen currency risk
A broader European presence
In April, Amundi ETF pioneered a new phase in its European development plan by entering the Spanish market, while continuing to strengthen its local presence in other major countries. Amundi ETF’s range now includes more than 430 cross-listings and registrations in seven European countries: France (102), Germany (75), Italy (75), Netherlands (75), Switzerland (55), United Kingdom (43) and Spain (8).
Valérie Baudson, Managing Director of Amundi ETF, commented: “In 2012 we observed two trends that accounted for the majority of inflows: a search for security in the first part of the year, then, as risk appetite gradually returned during the summer, strong interest for corporate bonds as well as for developed and emerging market equities. 2013 looks like it will be a pivotal year and an interesting challenge in terms of asset allocation. We aim to continue to offer innovative and competitive products that meet the needs of investors.”
Source: ETFWorld.co.uk
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