Amundi has launched its inaugural UK range of 16 ETFs on the London Stock Exchange, the first stage of a plan to list around 50 products in the next three months.
The 16 ETFs provide exposure to regional and country indices and are all synthetically replicated, using a swap to deliver the return of the respective index. The ETF provider also said its products are 25% cheaper on average than its competitors, based on the total expense ratio of ETFs tracking the same benchmarks. Valérie Baudson, managing director of Amundi ETF, said: "The UK is an extremely important and competitive market and we are confident we have a product range of interest to both institutional and retail investors in the UK, who can now enjoy the same advantages already ex...
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