Amundi unveils Asia income ESG bond fund

Managed by Joevin Teo

Amundi has launched the Article 8-classified Asia Income ESG Bond fund, which will invest across all Asian fixed income market segments with a focus on credit and local rates markets.

The fund will be diversified across corporate and sovereign issuers, targeting high income generation with an "optimised" risk/return profile and employing a "robust" ESG framework. With an investable universe of more than ten sovereign and quasi-sovereign issuers and over 500 corporates across 15 countries, the strategy will invest across local and external debt, using active currency management.  Joevin Teo, head of Asian fixed income at the firm, will manage the strategy alongside Amundi's emerging markets debt team, which currently manages €38.6bn of assets. Amundi launches net...