Amundi Starts Three Low-Carbon Funds in Europe

(Bloomberg) — Amundi, an asset manager majority owned by

Credit Agricole SA, started three European funds offering

institutional investors a way to manage financial risks from

climate change and carbon emissions.

The funds will track MSCI Low Carbon Leaders indexes,

Amundi, which has about 954 billion euros ($1.1 trillion) under

management, said Tuesday in an e-mailed statement. MSCI started

its Low Carbon Leaders indexes in September, developing them

with Amundi and two European pension funds.

To contact the reporter on this story:

Louise Downing in London at

ldowning4@bloomberg.net

To contact the editors responsible for this story:

Reed Landberg at

landberg@bloomberg.net

Tony Barrett, Dylan Griffiths

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