Amundi introduces Article 8 global fixed income strategy

Amundi has introduced the Quantitative Global Absolute Return Bond strategy, which invests across all fixed income asset classes to generate positive returns in any market scenario. The fund will primarily invest in highly liquid derivatives, with cash allocated to money markets and high-quality short-term bonds. To ensure diversity, Amundi will focus on factors like beta, carry, and momentum, which are believed to be uncorrelated over the long term. The strategy, classified as Article 8 under SFDR regulations, aims to achieve an ESG score above its investment universe. Lionel Pigeon, with over 13 years of experience at Amundi, will manage the fund. He has been a portfolio manager for Amundi s absolute return strategy since 2016. The fund targets investors seeking to reduce risk in their portfolios or complement a benchmarked fixed income portfolio. Registered in the UK, Luxembourg, and France, Amundi plans to expand the strategy across Europe. Grégoire Pesquès, CIO of global fixed income and head of aggregate strategies, expressed satisfaction in offering investors a strategy that can quickly and effectively manage risks while capitalizing on opportunities presented by current market conditions.

Source: portfolio-adviser.com
Published on 2024-10-02