Amundi outlines ambition to double ETF, Indexing and Smart Beta AUM by 2023 and launches ultra-lowcost ETF range [1]
Amundi outlines ambition to double ETF, Indexing and Smart Beta AUM by 2023 and launches ultra-lowcost ETF range [1]
Amundi, Europe’s largest fund manager[2], today announces its growth strategy to double the assets under management of its ETF, Indexing and Smart Beta business line by 2023. Amundi also announces the launch of an entirely new ultra-low cost1 ETF range: Amundi Prime.
Fannie Wurtz, Head of Amundi ETF, Indexing and Smart Beta, says: “We have been experiencing strong and steady growth over the past years across all areas of expertise and client segments. We will look to meet our objectives by developing new markets while continuing to increase our European presence, where we believe there is still significant room for growth.”
It is Amundi’s ambition to 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