Partner initiative: Amundi-Flar
LatAm central banks recognised the value of an ESG-aligned corporate bond ETF developed by Amundi and Flar
At the start of last year, the Central Bank of Uruguay was looking to diversify away from government bonds and into credit, but its risk management team was mindful of the reputational risks that could arise in the event of defaults.
The solution was to invest in a fixed-income exchange-traded fund (ETF) aligned with environmental, social and governance (ESG) criteria, jointly developed by Amundi and the Latin American Reserve Fund (Flar).
“Flar took our needs and opinions into account to develop
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Awards
Central Banking Awards 2026: first winners announced
Awards go to governor of the year, reserve manager, risk manager and more
Risk manager: Central Bank of the UAE
The new integrated risk management approach is identifying control gaps and enhancing efficiency
Asset services initiative: HSBC
Bank’s expertise in gold and bespoke securities lending helped central banks to navigate volatility
Reserve manager: Central Bank of the Philippines
New risk management approaches, forward-looking SAA tranching, internal capacity building and a redesigned external fund management framework set the BSP apart
Governor of the year: Jerome Powell
The Fed chair has shown high levels of integrity and resolve in upholding his public duty in the pursuit of price stability and maximum employment
Asset manager: Crown Agents Investment Management
CAIM’s SDR-based investment scheme helped central banks put unused capital sources to use
Central Banking Awards 2025 ceremony honours shining stars
Oscars of central banking recognise excellence in the community
Central Banking Awards 2025: the winners in full
Awards recognise extraordinary achievements in another challenging year for central banks