During a press conference held today in London, Amundi presents it new growth ambition for passive management and smart-beta: double its ETF, Indexing and Smart Beta assets under management to €200 billion by 2023.
To achieve this target, the business line will focus on three growth drivers:
- increasing client coverage in Europe and Asia;
- enhancing product offering and investment solutions;
- and boosting its retail market presence.
In line with this strategic focus, Amundi unveils the launch of Amundi Prime ETF range at a highly competitive flat rate of 0.05% across all funds1.
The initial launch of nine Amundi Prime ETFs will offer investors exposure to the key building blocks of a diversified portfolio, accessing both fixed income and equity market indices, across a range of geographic regions: Global, Europe, USA, and Japan.
The ETFs will track indices designed and calculated by Solactive2, a well-established and cost-efficient index provider. Additionally, all Amundi Prime ETFs are UCITS-compliant and physically replicated.