Amundi launches multi-asset global fund for international clients
Amundi has boosted its multi asset fund range for its international investors with the launch of its Ucits-compliant Amundi Funds Multi Asset Global fund.
This diversified strategy was already accessible in France and has now been added to the Luxembourg Sicav Amundi Funds.
The fund aims to outperform the Eonia, dividends reinvested, by more than 2.5% per year, over a three-year investment horizon, before fees and expenses. It is supported by the multi asset team for institutional clients.
Alexandre Burgues, the fund’s co-manager, explains: “We use a multi-asset class and international allocation to tap different sources of performance1 and adapt our fund’s exposure to the various markets, within a well-defined framework.”
The strategy’s investment philosophy relies on flexible and opportunistic management as well as allocation per risk budget.
Amundi totalled assets in balanced management of €116bn at 30 June 2015.