Amundi has announced the launch of Amundi Funds Multi-Asset Sustainable Future, which combines diversified investment management with an ESG approach.
Amundi has designed this sub-fund in response to two current issues for investors: the increasing value attributed to ESG considerations in investments and the need for conservative portfolios amidst rising market uncertainty.
Amundi Funds Multi-Asset Sustainable Future aims to provide sustainable returns with a conservative risk profile achieved through a multi-asset investment approach. The investment universe allows for diversified investing across a broad range of fixed income assets mainly in euro denominated investment grade corporate and government bonds and global equities (up to 40% of portfolio allocation).
The holistic, responsible investing approach combines ESG factors with fundamental analysis to select only those companies and issuers who can generate returns in the long run. Drawing on the combined expertise of portfolio managers, macro economists, strategists and portfolio construction analysts, a fundamental macro-driven approach is devised to determine the asset allocation across regions and asset classes. The investment universe is then refined to exclude controversial issuers according to certain predefined criteria. Amundi only select companies with the best ratings according to its proprietary ESG rating policy. Finally, the fund managers' strong convictions form the basis for the final selection of fundamentally sound companies with a positive impact in line with its ESG criteria.
Amundi Funds Multi-Asset Sustainable Future aims to provide capital appreciation over a recommended investment period of 4 years.
The fund will be managed by portfolio managers from the balanced strategies team led by Joerg Moshuber, lead portfolio manager and Enrico Bovalini, head of Balanced Strategies. Research provided by Amundi's ESG Analysis team, who provide ratings for over 5500+ issuers, is instrumental in the selection process. The portfolio management process of the fund, combining traditional investment with ESG, is based on the long track record managing an Austrian domiciled Ucits ethical balanced fund. The Austrian domiciled Ucits was launched in November 1986 and has been managed by the current management team for the past 7 years.