BNP Paribas Asset Management has just begun preparation to launch a new Ireland-domiciled ETFs. In a statement regarding the launch, BNP Paribas AM said that they would look to receive approval “fairly soon”. They went on to say their ETF plans to include UK, Switzerland, and Nordic country markets with one main reason for an Irish ETF being that investors can pick products that benefit from the favorable tax arrangements in Ireland.
BNP Paribas AM To Launch Irish-Domiciled ETF
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The announcement comes shortly after one of their rivals, Amundi, began offering Dublin ETFs.