Amundi MSCI AC Asia Ex Japan UCITS ETF Capitalisation (LASI.DE) is an exchange-traded fund that seeks to replicate the performance of the MSCI AC Asia Ex Japan Net Total Return index, a free float-adjusted market capitalization-weighted benchmark measuring the equity markets of developed and emerging countries in Asia excluding Japan, including China, Hong Kong, India, Indonesia, Korea, Malaysia, Singapore, Taiwan, Thailand and the Philippines; it employs a synthetic replication strategy via unfunded swaps; the ETF features an accumulating share class that reinvests dividends, a total expense ratio of 0.50% p.a., and is denominated in euros with unhedged currency exposure.
Domiciled in Luxembourg as a UCITS-compliant SICAV structure and issued by Amundi Asset Management, a Paris-headquartered provider established in 2010 through the merger of Crédit Agricole and Société Générale asset management arms, the ETF lists on multiple European exchanges including Deutsche Boerse (Xetra), Euronext Paris and the London Stock Exchange, targeting professional and retail investors seeking broad exposure to Asian equities outside Japan.
Launched on 21 February 2019 with inception tracking from 3 October 2008, the fund manages approximately EUR 320 million in assets and maintains a long-only strategy without sustainability focus.
In recent developments, Amundi has pursued strategic growth in its ETF business, including the announcement of up to 100 new ETFs by 2028 emphasizing active and white-label offerings, alongside launches such as a new active money market ETF in late 2025; the firm completed the acquisition of private asset manager Alpha Associates in April 2024, formed a strategic partnership with Victory Capital finalizing in early 2025 granting Amundi a 26.1% stake and reciprocal 15-year distribution agreements, and entered a long-term equity alliance with ICG in November 2025 to develop private markets products for wealth investors including blended public-private funds.