Credit Suisse Asset Management is adding exchange-traded funds (ETFs) to its investment product range in response to increasing client demand driven by platform digitalisation, the firm says.
The ETFs will be rolled out where they exhibit efficiency advantages over index funds.
Regional head Michel Degen said: “The strategic importance of ETFs will further increase in the future as digital sales platforms gain greater significance.”
In the first stage of this roll-out, three existing index funds will be converted into ETFs. They will be established under Irish law and listed on the SIX Swiss Exchange, the Borsa Italiana and the Deutsche Börse.
The initial ETFs are:
- CSIF (IE) MSCI USA Blue UCITS ETF
- CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF
- CSIF (IE) MSCI World ESG Leaders Blue UCITS ETF
Valerio Schmitz-Esser, head of Credit Suisse Asset Management index solutions, said: “Through our core business, index funds, we have the critical mass and possess the technology and expertise to provide ETFs in targeted investment segments that supplement our existing offerings.”
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