Candriam Investors Group, a European multi-specialist asset manager owned by New York Life Investment Management (NYLIM), is set to launch a range of sustainable ETF products to Europe under the IndexIQ brand.
The IndexIQ range will consist of five products: the Factors Sustainable Europe Equity, EMU Equity, Corporate Euro Bond, Japan Equity and Sovereign Euro Bond UCITS ETFs. The first three will have a management fee of 0.30%, while the latter two will charge 0.35%. Physically replicated, the suite will be domiciled in Luxembourg and listed on the Euronext Paris, set to launch on the 28 and 29 June. What has been driving the boom in passive ESG product launches? The ETFs will track the Solactive Candriam factors sustainable indices range, while the named investment manager wil...
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