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Credit Suisse returns to ETF market with three launches


Credit Suisse Asset Management launches three ETFs

Credit Suisse Asset Management launches three ETFs

Credit Suisse Asset Management has today (10 February) announced its return to the ETF market following a seven-year absence in the wake of the Global Financial Crisis.

The launch of three new funds is the first foray back into ETF territory for Credit Suisse, having sold its 58-strong fund offering to BlackRock in 2013.

Credit Suisse integrates ESG to entire product range

A selection of ETFs will be added to its product offering if they display “efficiency advantages” over its existing index funds, acting as a supplement to better serve investors that will have “geared their processes and systems to stock-market transactions”.

Stage one will see CSIF (IE) MSCI USA Blue UCITS ETF, CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF and CSIF (IE) MSCI World ESG Leaders Blue UCITS ETF listed on the SIX Swiss Exchange, the Borsa Italiana and the Deutsche Börse.

Michel Degen, head of Credit Suisse Asset Management Switzerland and EMEA, said: “We continually analyse the market, new trends and client needs to provide appropriate solutions for our customers.

“The strategic importance of ETFs will further increase in the future as digital sales platforms gain greater significance.”

ETF inclusion in IA sectors delayed

Valerio Schmitz-Esser, head of Credit Suisse Asset Management index solutions, added: “We have been replicating indices with exacting precision for a wide array of asset classes, regions and currencies since 1994, and have been doing the same for ESG sustainability indices for over two years now.

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“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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