Amundi to close Eastern Europe ex Russia ETF

€20.7m in assets

clock • 1 min read

Amundi is set to close the MSCI Eastern Europe Ex Russia ETF in both the euro and US dollar denominations.

In a stock exchange notice today (11 April), the $2trn asset manager said fund will be liquidated on 12 May 2023. The suspension of the secondary market will happen on 5 May after the trading session. The ETF, which was launched in 2009, has assets of €20.7m. LGIM shutters green bond ETF The Amundi MSCI Eastern Europe Ex Russia fund sought to replicate as closely as possible the performance of the MSCI Eastern Europe ex Russia index. The ETF enabled investors to gain from an exposure to stocks in the Central European countries with exception of Russia, having recently been integrat...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

7IM's Ben Kumar: The debate around the passive pendulum swinging too far

7IM's Ben Kumar: The debate around the passive pendulum swinging too far

'A catastrophic event' highly unlikely

Ben Kumar
clock 05 December 2024 • 4 min read
Robeco makes range of active ETFs available to UK market

Robeco makes range of active ETFs available to UK market

Previously only available on Frankfurt and Swiss exchanges

Eve Maddock-Jones
clock 04 December 2024 • 2 min read
WisdomTree's Alexis Marinof: The greatest innovations in ETFs are still ahead

WisdomTree's Alexis Marinof: The greatest innovations in ETFs are still ahead

'Increased adoption, more investor choice'

Alexis Marinof
clock 03 December 2024 • 3 min read
Trustpilot