European asset manager Amundi has launched the Amundi Funds – Europe ex-UK Equity fund, in response to demand from UK clients for European exposure.
The strategy aims to provide an ‘all-weather’ portfolio with no style bias. It is classified as Article 8 under SFDR and holds 35-45 stocks.
The fund will be managed by portfolio manager and head of large cap equity Fabio Di Giansante, and portfolio manager Keith Jackson.
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Amundi said the launch comes in response to demand from UK clients for core European equity exposure.
The fund has received initial support of over €900m.
Di Giansante said: “This fund will provide our clients with access to a portfolio of high quality and fundamentally driven European companies.
“With a team and an investment philosophy with a proven track record, clients will be able to diversity their investments and weather the everchanging market conditions through our Europe ex-UK Equity fund.”
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