Invesco is looking at launching ETFs in the ESG space, according to head of UK retail distribution Chris Lyes, as demand for the products continues unabated.
The asset manager has made a big push into the ETF space this year, notably in more esoteric areas and fixed income. Indeed, the firm hired Amundi's Hamid Asseffar in January this year to support the growth of the UK ETF business in response to "strong, continued demand" for the products. "We saw $1.5bn of net sales into the UK ETF market in Q1," Lyes said. "ETFs are beneficial for their speed to market as well as their use as building blocks in specific areas. For example, we have launched Saudi Arabia and blockchain ETFs as a way to access these areas without buying the stocks under...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
