In an environment marked by macroeconomic and geopolitical uncertainty, Sovereign entities are pursuing a broad set of objectives. In the short-term, they must ensure capital preservation while searching for return generation over the long term. These objectives have to be met by taking into account their important role in the economic landscape, making those objectives harder reconcile.
Amundi seeks to support Sovereign entities all along the value chain through an end-to-end partnership proposal from strategic advisory to asset management, in order to best support our sovereign partner along the Investment Path and become more than an external asset manager. Services include:
- Tactical asset allocation advisory, spanning active and passive asset classes
- Responsible and more specifically green finance investment strategies
- Strategic advice on key issues such as risk hedging, ESG and other
- Bespoke services such as transition management, risk monitoring
- High level trainings offer on our key expertise and innovative solutions to facilitate knowledge sharing
Amundi relies on its research-driven investment culture and multi-skilled resources and pulls together all its expertise to offer innovative solutions addressing Sovereign entities’ challenges.
European response to COVID-19
The European Central Bank at the next monetary policy meeting on 4 June is expected to increase its pandemic emergency bond-buying programme by €400bn- €500bn, after having spent around €250bn of the €750 bn total up to end-May. That is the forecast of Didier Borowski, Head of Global Views at Amundi, in a podcast with OMFIF on the options facing the ECB after the ruling on bond purchases by the German constitutional court on 5 May. ‘If you look ahead, and seeing the debate in Germany, [the ECB] may lose some flexibility in its purchase programme,’ Borowski said. ‘In the short run, we would expect the ECB in its government bond purchases to continue to deviate quite substantially from the capital key.'
2020: new year, new decade and new challenges for central banks
Last February, Pierre Blanchet, Head of Investment Intelligence at Amundi, discussed the role of central banks in responding to crises and the next recession with Danae Kyriakopoulou, OMFIF Chief Economist and Head of Research, Patrick Honohan, former Governor, Central Bank of Ireland (2009-2015) and Dr Barnabás Virág, Executive Director, Directorate Monetary Policy and Economic Analysis, Magyar Nemzeti Bank (Central Bank of Hungary).
The OMFIF (Official Monetary and Financial Institutions Forum) is an independent think tank for central banking, economic policy and public investment.
Date of Publication: March 2020.
Amundi is a major player in treasury management in Europe and across the world.
A wide range of funds covering all main geographical areas, themes and capitalisation levels
Responsible Investing: our commitment
Acting as a responsible financial institution is a core commitment of Amundi’s development strategy.
Amundi offers strong-convicted diversified solutions across the main asset classes.
Access a complete range of Smart Beta & Factor Investing solutions, managed by a team of dedicated experts
Access a wide range of markets at competitive prices
An offer of services to help asset managers to capitalise on our own operational chain.
Real & Alternative Assets
Access to asset classes which allow for diversification and long-term yield, through an illiquidity premium
Amundi extends its savoir-faire to institutional investors in order to accompany them dealing with their main challenges, providing them with investment solutions as well as specific services.
As the European leader of asset management, Amundi has provided Corporates for more than 30 years with effective and end-to-end solutions thanks to wide-ranging capabilities and bespoke services.
The complexity of the insurance environment has raised Insurance companies expectations in terms of asset allocation and regulatory assessment.
Amundi aims to be the dedicated partner of pension funds, whether they are public or private, Defined-Benefit, Defined-Contribution or Hybrid, by helping them to match their objectives...
1. Source: Amundi figures as of June 30, 2020
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