Amundi: ETF surpasses €50bn AUM and doubles net new assets in 2019

Amundi: ETF surpasses €50bn AUM and doubles net new assets in 2019

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  • Amundi ETF surpasses the €50 bn milestone ending 2019 with €55bn assets under management
  • Growth rate ahead of the European ETF market over the last 3 years
  • €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, and achieved the highest growth rate among the top-5 European ETF providers during the period.

Net new assets of €8bn more than doubled the amount collected in the previous year1. These strong inflows allowed Amundi to maintain its position among the top providers in the European ETF market, ranking 4th by net new assets in 2019 and strengthening its market share in terms of assets under management.

In a market context characterised by changing dynamics, flows to Amundi’s ETF range were well-diversified to multiple asset classes. Amundi’s ETF offering thus demonstrated to be particularly adapted to answer both investor’s strategic/long term asset allocation challenges as well as more tactical ones.

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. In terms of geographic coverage, the platform continued to accelerate its footprint in Europe as well as in Asia and Latin America where 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. Within the most successful launches:

  • Amundi Prime ETFs: Europe’s cheapest core ETF range[3] offering both equity and fixed income exposures. The range surpassed €1bn AUM[4], 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 assets1 in 2019, representing 15% of inflows over the year.
  • A Gold ETC: in addition to its ETF range, Amundi launched a Gold ETC in May 2019, designed to give investors a cost efficient exposure to the gold price. This new product proved successful, reaching close to € 1bn AUM and bringing the total assets under management of Amundi’s ETF and ETC range close to € 56bn1.