Amundi Asset Management announced its entry into the Malaysian market with the launch of two wholesale feeder funds – the Amundi Bond Global Aggregate Fund and the Amundi International Fund. These feeder funds track the Amundi Funds Bond Global Aggregate and First Eagle Amundi International Fund.
Tag: Amundi Asset Management
Europe’s IM Square courting `powerful’ Chinese partner
IM Square, which supports boutique asset management firms in expanding their business, is in talks with a potential Chinese shareholder, said Philippe Couvrecelle, founder of the firm.
Amundi floats thematic ‘global ageing’ fund
The firm has launched a Hong Kong-domiciled fund aimed at sectors linked to the theme of global ageing.
Indian and Indonesia currencies
A positive economic outlook and the implementation of reforms are factors that support both currencies, according to Amundi Asset Management.
Amundi positive on Indian Chinese equities
Amundi Asset Management is positive on Asian markets and particularly likes Indian and Chinese equities, as it expects further interest rate cuts in these two economies could boost corporate earnings growth.
Good time to overweight Indian sovereigns
Reform efforts in India could lead to an upgrade in the country’s sovereign rating, and further rate cuts could raise portfolio valuations, according to Philippe Jauer, chief investment officer, Amundi Asset Management.
Rupee may out-perform the US dollar
India is no longer one of the “Fragile Five” and a potential influx of foreign investment bodes well for the currency, according to Philippe Jauer, chief investment officer, Amundi Asset Management.
Amundi overweight on Indian equities
Amundi Asset Management is overweight on Indian equities, but said there could be some disappointments in the short-term due to the sharp run-up in domestic indices.
