amundi launches global bond and currency fund
The fund launch comes in response to Europes changing fixed income environment.
The fund launch comes in response to Europes changing fixed income environment.
The fund provider is undercutting the costs of direct competitors in the emerging market ETF space.
French asset manager Amundi is looking at picking up smaller rivals across the continent.
Amundi demonstrated a strong 2013 according to its annual results, taking in 10.3bn against a difficult backdrop.
Equity markets may have reached their pre-crisis levels but M&A activity is still woefully short of its 2007 level - 2013 was an appalling year - but continued global economic recovery is a huge positive for future M&A activity.
Investors seeking exposure to US equity funds can now access the new Amundi ETF.
Nicholas Melhuish has been hired as head of global equity at Amundi as part of the firm’s drive to further develop its capabilities in the sector.
Laurent Guillet has been appointed chief executive officer of Amundi’s London branch as part of the firm’s efforts to enhance its UK business.
Amundi ETF has added two to its London-listed product range.
Anti-benchmark asset manager Tobam has signed a deal with Amundi, which includes a distribution agreement of its strategies to Amundi’s clients.
As Q4 approaches, investors may have to increase the risks they take with their asset allocation.
The current macros added to investors’ need for liquidity will lead to more GEM ETF launches.