Amundi expands ESG range with two ETFs
European asset manager Amundi has launched two ETFs with ESG screening.
The Amundi MSCI USA Screened UCITS ETF and Amundi MSCI World Screened UCITS ETF will sit alongside the recently launched Amundi MSCI Europe Screened UCITS ETF, therefore offering investors ESG-screened exposure to North American, European and global equities.
They each replicate an index from the MSCI Screened Select excluding Thermal Coal range. The ETFs are all classified as Article 8 under SFDR.
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Amundi reported client demand for responsible investment products remains “resilient but diverse”.
Benoît Sorel, global head of ETF & indexing at Amundi, said: “This launch reflects our commitment to offering responsible investment solutions that allow our clients to invest in line with their convictions, with clearly defined ESG criteria. This new range combines extra-financial standards with low tracking error – a key current expectation.”
This article first appeared on Portfolio Adviser