Print this article
Amundi Lists 13 Further ETFs In Italy
Wendy Spires
6 April 2010
Amundi ETF, the asset management joint venture between Crédit Agricole and Société Générale, has listed 13 sector exchange-traded funds on the Italian stock exchange – a move which boosts its number of Borsa Italiana-listed ETFs to 28. The new listings support Amundi ETF’s European development plan and further Italian listings are planned as the firm continues to broaden its Borsa Italiana offering. Among the new listings are two world sector ETFs, which the firm said are the first ETFs based on MSCI global indices listed in Europe, offering a global exposure to the energy and finance sectors. Also among the funds is a real estate ETF which gives exposure to around 25 European real estate stocks. The ETFs are to be distributed by sales teams at Amundi and Crédit Agricole Cheuvreux, the French banking group’s European brokerage firm.