TrackInsight: Amundi ESG ETF sees biggest inflow since 2018
04/07/2021 | 12:00pm EDT
The Amundi S&P 500 ESG UCITS ETF raked in considerable inflows, not seen on a single day since 2018.
The Amundi S&P 500 ESG UCITS ETF (S500 ETF) raked in a total of $164m of new money on April 6th. This is the biggest single-day inflow the ETF has recorded since 2018 and represents a 40% increase in assets under management. The ETFs provider, Amundi, revealed today that it is negotiating to buy rival Lyxor for 825m, which would strengthen its position in the fast-growing European ETF industry.
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