Amundi has entered the Mexican ETF market with a first selection of its flagship Ucits ETFs on the Mexican Stock Exchange (BMV).
It offers its clients a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes. Passive solutions have seen dynamic uptake in Latin America recently, where Amundi’s ETF debut marks an important step for the ETF provider and in the Group’s development plan for the region.
With the acquisition of Pioneer Investments last year, Amundi has expanded operations in Latin America, Canada, and the US, through Amundi Pioneer in Boston and Durham.
Nine Amundi ETF flagships are now available on the Mexican Stock Exchange.
Along with plain-vanilla equity exposures to the S&P 500, Euro Stoxx 50, CAC 40, DAX and Japan Topix indices, Mexican investors can access core Amundi ETF fixed income exposures to USD aggregate bonds and corporate bonds at competitive cost.
This first batch of listings also comes with innovative bricks such as a global multi smart beta equity exposure built in partnership with the ERI Scientific Beta, or on the fixed income side, an exposure to USD floating rate notes.
Amundi ETF is a longstanding player in the ETF industry and has consistently extended its presence since 2002 from France into more than 10 European countries, then to Hong Kong and now the Mexican market.
The consistency of Amundi ETF range, with the Ucits label, is sought by investors around the globe, notably looking for a strict regulatory framework defining clear investment rules.
The ETF, Indexing & Smart Beta business of Amundi – which accounts for more than $112bn – has gained international recognition as a trusted and leading partner for ETF investing as well as for customized Index & Smart Beta solutions. The support of Amundi Group has brought solid infrastructure, tools and size.
Gaëtan Delculée, global head of Amundi ETF, Indexing & Smart Beta Sales, commented: “Launching in Mexico is a significant milestone for Amundi ETF, which is committed to offering Mexican investors a competitive range of quality and innovative equity and fixed income exposures.”