News

03/06/2020

The Coronavirus and ESG Investing, the emergence of the Social pillar

Amundi’s Quantitative Research team has been studying the evolution of ESG investing across asset classes and geographies for the past several years. With the coronavirus pandemic, we have carefully examined these Responsible Investing trends and have identified some interesting findings.

02/06/2020 Insights Paper

Multi Asset: a solid total portfolio approach for a complex world

An increasing number of institutional investors have adopted a total portfolio approach (TPA) as a response to the weaknesses of more traditional strategic asset allocation (SAA)-based methodologies. We believe the current crisis will reinforce this trend, as it is probably marking a paradigm shift in financial markets. This shift could be as important as the change in US monetary policy brought in by Federal Reserve Chairman Paul Volcker at the beginning of the 1980s, which led to a long period of disinflation, lower interest rates and high asset returns.

02/06/2020 Research / Market

The day after #5 - New Frontiers for Central Banks

Central Banks (CBs) are by nature more flexible than governments. Thus, they have been the most proactive in this crisis, reintroducing large-scale asset-purchase programmes financed by money creation (QE policies).

28/05/2020 News

Ireland to become Amundi’s fourth major hub for fund hosting services

Amundi Ireland obtains reauthorisation as a ‘Super’ Management company

28/05/2020 Research / Market

Trajectory Monitoring in Portfolio Management and Issuer Intentionality Scoring

2°C alignment has become a major issue for climate-aware portfolio management. There are sophisticated initiatives aiming to predict corporate emission intensities from 2030 up to 2100.

28/05/2020 Research / Market

Cross Asset Investment Strategy - June 2020

Find the latest edition of the monthly publication of our Research Team.

26/05/2020 Research / Market

The day after #4 - Inequality in the context of the Covid-19 crisis

For several years now we have argued that the social theme, and in particular the issue of social inequality, was becoming a major issue for various global economies and for investors, both institutional and retail.

26/05/2020 Global Investment View

Global Investment Views - June 2020

The dichotomy between the false market tranquillity and the high level of uncertainty about the length of the crisis and its long-term implications is striking. In our view, we are far from being out of the woods and investors should stay alert as current market levels are still pricing in a ‘too rosy too soon’ endgame. The race between the three cycles will continue.

20/05/2020

Focus on Italy: macroeconomic and fixed income scenario

If we wanted to characterise the contraction and recovery pattern, we would probably describe it as a ‘long U-shaped’ recovery; in other words, as a gradual normalisation which will take some time before seeing a return to pre-crisis levels. In Italy, the government is estimating an 8% GDP contraction this year, followed by a 4.7% YoY rebound in 2021. In our analysis, we consider two possible reference scenarios for 2020 growth: -8.0% YoY (as per the government scenario) and -12.0% YoY.