Our Amundi US Large Cap Growth Equity Strategy1 seeks to outperform the Russell 1000┬« Growth Index over a full market cycle with less volatility, and strives to achieve a competitive ranking within peer universes over the same period, while retaining the integrity of the investment style.

┬╣Effective September 30, 2022, the Amundi Pioneer US Concentrated Growth Strategy was renamed to Amundi US Large Cap Growth Equity Strategy.

                              

                        

                       

 

Our Amundi US Large Cap Growth Equity Strategy is based on our belief in a portfolio of companies that generate high returns on capital. We believe that a focused portfolio of companies with businesses that have high returns on growth capital, sustainable competitive advantages, capitalize on secular growth opportunities, and trade at a discount to intrinsic value, can generate attractive risk-adjusted returns over the long term.

Andrew Acheson

Managing Director
Director of Growth, US
Portfolio Manager

Biography

Yves Raymond

Senior Vice President
Portfolio Manager 

Biography

David Chamberlain, CFA

Vice President
Portfolio Manager 

Biography

 

Overview

  • A focused portfolio of companies with businesses that have high returns on growth capital, sustainable competitive advantages, capitalize on secular growth opportunities and trade at a discount to intrinsic value, can generate attractive risk-adjusted returns over the long term.
  • We seek to create a portfolio with high and diversified2 active share, leveraging our best fundamental, bottom-up ideas.
  • The Strategy focuses on diversification in terms of both absolute exposures and relative contribution to risks.

   

2Diversification does not guarantee a profit or protect against a loss.

Why Amundi US?

Key features of our Amundi US Large Cap Growth Equity Strategy include:

  • Consistent, disciplined philosophy and process: The Strategy has held to the same investment philosophy since its inception, and its consistent performance and holdings attribution are evidence of the team's disciplined approach.
  • Risk-adjusted returns and downside risk focus:   Consistent with the philosophy and focus on higher-quality companies, the Strategy has outperformed the Russell 1000┬« Growth Index in many of the most recent calendar year down markets.
  • Low volatility approach: The companies in which the team typically invests have lower-than-average volatility in their business results, which may result in lower stock volatility. Valuation analysis is an important part of the team's security selection process, which typically helps mitigate volatility.
  • Definition of value: The Strategy distinguishes itself by defining value as the combination of the existing cash flow yield of a business and the level and sustainability of returns on incremental invested capital.
  • Concentrated portfolio: The Strategy has exposure to high-conviction stocks, diversified across sectors, and poised to outperform the long term.