Crédit Agricole Structured Asset Management (CASAM) continues to roll out an ambitious development plan for its ETF range with the launch of another 10 new products on Euronext, increasing the total number of ETFs launched in 2008 to 21. This latest round of launches enables investors to buy and sell ETFs tracking the main European industry sectors and introduces international coverage through two leading products: CASAM ETF MSCI USA and CASAM ETF MSCI JAPAN.
Consistent with its marketing strategy, CASAM ETFs’ management fees remain among the lowest on the market.
Fathi Jerfel, Chief Executive Officer of CASAM, comments “Once again, CASAM has demonstrated its capacity to rapidly deliver a new range of products”.
Valérie Baudson, Managing Director, CASAM ETF, adds: “The CASAM ETF range has been welcomed by institutional investors with an appetite for competitively priced ETFs”.
“We are delighted to welcome this new CASAM initiative, which confirms their commitment in the ETF space” says Lisa Dallmer, Senior Vice President, Global Index and Exchange Traded Products, NYSE Euronext, “ETFs are attractive investment products as they are flexible, transparent and cost efficient. With this introduction, we now have nearly 400 listed ETFs with over 260 underlyings on our European markets, thus confirming our position as a leader in ETF listings.”
The CASAM ETF product range is distributed by a dedicated sales team at CA Cheuvreux as well as through the sales network of Crédit Agricole Asset Management.
François Simon, Chief Executive Officer of CA Cheuvreux affirms: “The ETF market has continued its growth in 2008. CA Cheuvreux will continue to support the development plan of the CASAM ETF range by promoting this competitive offer to its institutional clients worldwide”.
The CASAM ETF range now comprises 24 products.
Investors can find out more information about CASAM ETF on the new dedicated web site casametf.com.
