Amundi launches 7 new emerging market ETFs on London Stock Exchange
- London Stock Exchange welcomes seven new ETFs from Amundi tracking emerging markets
- London Stock Exchange’s position as the leader in emerging market ETFs reinforced
The London Stock Exchange this week announced the trading of seven new Amundi emerging market exchange-traded funds. The new products will provide investors with specific exposure to India, China, Eastern Europe (ex Russia), Brazil, Asia and Latin America, as well as to a broad index ETF tracking the performance of all emerging markets. Also trading from today is an ETF providing exposure to the European Real Estate sector.
The London Stock Exchange now offers 158 emerging market ETFs, compared with 126 on the New York Stock Exchange (NYSE Arca) and 93 on Deutsche Boerse.
Pietro Poletto, Head of ETFs and ETPs at London Stock Exchange Group, said:
“The London Stock Exchange has long been a truly international market place, where investors can find a wide range of products offering opportunities across many sectors and geographies. These new ETF listings will further extend our offering, the largest in the world”.
Valérie Baudson, Managing Director of Amundi ETF comments:
“This latest series enhances our range of equity exposure on the LSE. We offer investors cost effective emerging market exposures, with low tracking error, reflecting the quality of our products. These launches are in line with our development objectives for the UK.”
Amundi has issued 41 ETFs on the London Stock Exchange since May 2011. Amundi is the fifth largest ETF provider on the London Stock Exchange, with £116m traded in their ETFs in July 2011.
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Notes to editors:
1. BlackRock, ETF Landscape: Emerging Market ETFs Industry Review, May 2011
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services.
Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.