Product wrap: Unicredit tracks Amundi ESG fund, offers 9.1%

EUROPE Unicredit issued the HVB Fondsanleihe as a public offer in Austria, Germany and Luxembourg. The product is linked to the KBI Global Energy Transition Fund (G EUR) , which is actively managed by Amundi and invests in companies operating in alternative energy sectors, such as solar, wind, biomass, and geothermal, that are closely alligned to the UN Sustainability Development Goals. As of 6 December 2022, the fund’s assets under management totalled €880m. The one-year reverse co