Amundi, Europe’s largest asset manager, has launched a suite of seven actively and passively managed funds across all asset classes to support the transition to a low-carbon economy. The funds, open to institutional and retail investors, will invest in companies best equipped to facilitate the transition to net zero. The actively managed funds aim to reduce their portfolio’s carbon intensity by 30% by 2025 and 60% by 2030. The net-zero strategies support Amundi’s ‘ESG Ambition Plan 2025’ as well as Crédit Agricole Group’s Societal Project.
ETF Newz Says:
The launch adds to Amundi's climate offering, which the firm has recently expanded through the launch of new Article 8 European and Pacific equity ETFs.