Amundi and STOXX Team Up for European Defense ETF Launch
Deal News | May 06, 2025 | Amundi
Amundi, a leading European asset manager, in partnership with STOXX Ltd., has announced the forthcoming launch of a new Exchange Traded Fund (ETF) focused on European strategic autonomy in defense. Targeting professional and private investors, this ETF will track the STOXX Europe Total Market Defense Capped Index, focusing on companies involved with military re-equipment within the EU. The initiative aligns with a larger trend of heightened investor interest in European equities amid military capability upgrades across the continent. Once listed, it will be accessible through main European stock exchanges. Fannie Wurtz from Amundi emphasizes that investors are keen on participating in efforts to bolster European defense. On the derivatives front, STOXX GmbH has licensed the index for futures listings at Eurex, with official launches set for May 12.
Sectors
- Asset Management
- Aerospace & Defense
- Financial Services
Geography
- Europe – The ETF targets European companies and the initiative is designed to capitalize on European strategic autonomy in defense.
Industry
- Asset Management – The launch of an ETF by Amundi signifies its role in asset management and investment products.
- Aerospace & Defense – The focus of the ETF is on European companies within the aerospace and defense sector, which are involved in military re-equipment.
- Financial Services – The collaboration involves the creation of financial products like ETFs and futures, characteristic of the financial services sector.
Financials
- – No specific financial amounts mentioned in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Amundi | Asset Manager | Company | Europe's leading asset manager, responsible for launching the new ETF. |
| STOXX Ltd. | Index Provider | Company | Part of the ISS STOXX group, providing the index for the new ETF. |
| Eurex | Derivatives Exchange | Company | European derivatives exchange launching futures on the STOXX Europe TM Defense Capped Index. |
| Fannie Wurtz | Head of Distribution & Wealth Division, ETF & Passive Business Line | Person | Representative from Amundi highlighting the strategic importance of the ETF. |
| Axel Lomholt | General Manager | Person | Representative from STOXX discussing the ETF's focus and strategy. |
| Matthias Graulich | Chief Commercial Officer | Person | Representative from Eurex commenting on the launching of the new futures. |