Alternative Investments/ESG: Amundi Launches China And Emerging Markets (Ex-China) Equities ETFS With ESG

The new ETFs from Amundi are offered in collaboration with Alliance Bernstein.
Amundi’s ESG ETF range is bolstered with the addition of the Amundi MSCI Emerging ex-China ESG Leaders Select UCITS ETF DR and the Amundi MSCI China ESG Leaders Select UCITS ETF DR, both listed on the London Stock Exchange. (InvestmentWeek)
While one ETF offers ESG equity exposure to Chinese companies, the other fund targets emerging market stocks with an ESG preference. Both are classified as Article 8 under SFDR regulation.
The ongoing charge on each is 0.35%.
The Amundi MSCI Emerging ex-China ESG Leaders Select UCITS ETF DR seeks to replicate as closely as possible the performance of the MSCI EM ex China Region ESG Leaders Select 5% Issuer Capped Index (net total return index), in USD.
The Amundi MSCI China ESG Leaders Select UCITS ETF DR seeks to replicate as closely as possible the performance of the MSCI China ESG Leaders Select 5% Issuer Capped Index (net total return index), in USD.
The funds do not invest in companies involved in controversial activities, including tobacco, weapons and thermal coal. On the other hand, they also select the top 50% of companies in each sector by ESG score.
“We no longer think that China should be considered as an emerging market and a more sophisticated approach is needed to the world’s second-largest economy, which increasingly shares little in common with the emerging markets it is often bucketed with,” said David Hutchins, portfolio manager of multi-asset solutions at AllianceBernstein.
“Integrating consistent ESG considerations into all of our investments within our multi-asset portfolios, including our target date funds widely used by UK DC plans, is fundamentally important to the way we and our clients think,” he added.
Related Story: Amundi’s New DAX ESG ETF

Latest Alternative Investment News

Venture Capital/ESG: Adam Neumann Co-Founded Flowcarbon Raises $70M Via VC Funding And Token Sale
Flowcarbon, co-founded by Adam Neumann, known for WeWork, is a climate technology company seeking to formalize the market for carbon offsets on the blockchain. The startup announced Tuesday its $70…

Digital Assets: The Terra (LUNA) Implosion – Sidelights
One hapless investor lost about 3 billion won ($2.4 million) in the LUNA and UST implosion earlier this month. A Korean social media personality going by the name of “Chancers”…

Artificial Intelligence: AI Could Bring Us Fresh Insight Into Earthquakes
Scientists have long held the view that earthquakes are impossible to predict, being random events. But the potential for damage these natural events have, including the loss of life, have…

Digital Assets: Swiss Venture Firm CV VC Launches African Blockchain Early-Stage Fund; Issues African Blockchain Report
CV VC announced Monday at Davos the launch of its African Blockchain Early-Stage Fund to bring the advantages of the blockchain and its own expertise to enable Africa to transact…