Amundi ETF hits €55bn AUM

Amundi ETF has reported assets under management reached €55bn at the end of 2019, which gives it claim to achieving the highest growth rate among the top five European ETF providers. Net inflows of €8bn were double the amount achieved the previous year, putting the business fourth ranked by net new assets through the year, it said. Inflows went to multiple asset classes, from clients including institutions, fund managers and distributors. The Amundi ETF platform also grew in Asia and Latin America, where the Amundi Ucits ETF franchise is seeing growing demand. Fannie Wurtz, head of...