Amundi makes its debut in Spain with the launch of five ETFs
Amundi ETF has launched five ETFs in Spain, marking its entry into an ETF market that providers believe has growth potential despite being relatively undeveloped
Paris-based asset manager Amundi ETF has made its debut in the Spanish exchange-traded funds (ETF) market by launching five ETFs.
Though the Spanish market for ETFs is one of the least developed in Europe, investors there are increasingly receptive to exchange-traded products (ETPs) and despite recent weaker figures on the Spanish equity market (the stock market fell to a three-year low on April 13), there is room for growth in ETFs, says Valerie Baudson, Paris-based managing director at Amundi
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