Amundi brings global multi-asset strategy to retail investors

Based on existing institutional strategy

Amundi has launched a global multi-asset UCITS fund based on a strategy run by its institutional team for over a decade.

The Amundi Funds Multi Asset Global fund is a UCITS product aiming to generate returns from alternative opportunities in a market environment "characterised by historically low bond and money market yields". The vehicle has a mandate to outperform the Eonia - the one day interbank interest rate for the eurozone - with dividends reinvested, by more than 2.5% per year, over a three-year investment horizon. The fund will be co-managed by Alexandre Burgues (pictured) and the multi-asset team, and will sit in the group's Luxembourg SICAV range. The company said: "In a market environment...