Amundi EUR Corporate Bond Climate Paris Aligned UCITS ETF Acc
LYEB.DE
Deutsche Börse- -
EUR
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Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 5 Allée Scheffer Luxembourg City Luxembourg L-2520
- IPO Date
- Oct 26, 2018
- Website
- amundietf.nl
- Similar Companies
- Business
- Amundi EUR Corporate Bond Climate Paris Aligned UCITS ETF Acc (LYEB.DE) is an exchange-traded fund that tracks the Bloomberg MSCI Euro Corporate Paris Aligned Green Tilted Index, providing exposure to investment-grade euro-denominated corporate bonds selected for their alignment with the Paris Agreement on climate change; the index emphasizes a net-zero ambition by 2050, a 7% annual reduction in absolute carbon emissions, a 50% immediate drop in carbon intensity relative to the broader investable universe, and an overweight allocation to green bonds favoring issuers funding climate-friendly projects. The ETF employs a physical replication strategy on a long-only basis, with accumulating distribution policy, a total expense ratio of 0.14% p.a., and assets under management exceeding EUR 1.17 billion as of late 2025; it primarily invests in non-UK bonds (over 92%) across sectors like financials and industrials, targeting institutional and retail investors seeking sustainable fixed-income solutions in Europe. Domiciled in Luxembourg with listings on major European exchanges including Germany (LYEB), Switzerland (LYCRP), and the UK (CRPX), the ETF operates without currency hedging and focuses on mid-credit quality and moderate interest-rate sensitivity. The ETF originated from the Lyxor ESG Euro Corporate Bond (DR) UCITS ETF, which underwent a significant index switch and rebranding to its current form on January 11, 2023, transitioning to the Paris-Aligned Benchmark (PAB) framework under Amundi's expanded climate ETF range. This rebranding aligned the product with EU regulatory requirements for climate-transition benchmarks and positioned it as one of the largest and most cost-competitive offerings in its category, with over EUR 900 million in assets at launch. Launched originally in October 2018 (or listed April 2009 per some records), it reflects Amundi's ongoing commitment to ESG integration, having converted about 27% of its ETF lineup to climate-focused products by 2023 toward a 40% target by 2025. Amundi, the ETF's provider and Europe's largest asset manager with over EUR 2 trillion in assets under management, was founded in 2010 through the merger of Crédit Agricole Asset Management and Société Générale Asset Management, and is headquartered in Paris, France. As a subsidiary of Crédit Agricole Group (holding a 70% stake), Amundi operates globally across more than 30 countries, including key offices in the US (Boston and Durham), Canada, Latin America, and Asia, serving over 100 million clients with active and passive strategies in equities, fixed income, multi-asset, alternatives, and real assets. Recent strategic moves include the April 2024 acquisition of Alpha Associates for private assets, a July 2024 partnership with Victory Capital (expected to close early 2025, combining Amundi's US business and granting Amundi a 26.1% stake), and a November 2025 long-term alliance with ICG involving a 9.9% equity stake and joint private markets product development for wealth investors. These initiatives enhance Amundi's distribution, sustainability offerings, and global reach in climate-aligned investments.