Amundi, a European leader and a leading global asset manager with over USD1.0 trillion of assets under management, announces its entry into the distribution market in Malaysia with the launch of its two inaugural wholesale feeder funds, to be offered to sophisticated investors, namely Amundi Bond Global Aggregate Fund and Amundi International Fund.
Amundi is the partner of choice for 100 million retail investors worldwide for whom US$275 billion in assets is managed through banking networks, third-party distributors, private banks, platforms and fund selectors.
Pascal Blanqué, Global Chief Investment Officer, Head of Institutional Investors & Third Party Distributors of Amundi comments: “Amundi leverages its best practice to offer customised solutions to retail investors around the world through its organisation which is both global, in terms of asset management and risk approach, and local, with the presence of dedicated sales and marketing teams.”
Amundi Malaysia Sdn.Bhd. (Amundi Malaysia) was established in 2008 and is a wholly-owned subsidiary of Amundi. Today, it is one of the investment centres for the Group with expertise and resources dedicated to Malaysian equities, fixed income and balanced investment strategies. Amundi Islamic Malaysia Sdn. Bhd. as the Group’s Islamic investment hub provides Shariah-compliant equity and Sukuk strategies to Amundi’s clients worldwide.
Roslina Abdul Rahman, Managing Director of Amundi Malaysia says, “Amundi Malaysia currently has over USD4 billion of asset under management for our sovereign and institutional clients. We are now entering an exciting phase in its development and is looking to provide investment solutions that cater to the needs of the local investors. Initially, we will be rolling out two wholesale funds which will address the needs of sophisticated investors that could weather different investment cycles and time horizons. In addition, we are expanding to include dedicated local sales and client servicing professionals who have access to Amundi’s global resources and marketing capabilities to support our distribution partners.”
The two wholesale funds authorised to be sold to investors in Malaysia will be feeder funds to Amundi’s flagship funds, Amundi Funds Bond Global Aggregate and First Eagle Amundi International Fund with over 8 and 19 years outstanding track record respectively.
Amundi Bond Global Aggregate aims to achieve investment returns by investing in the target fund which seeks the best investment opportunities across global government bonds, corporate credit and currency markets for investors seeking risk-adjusted consistent return . With a robust management process, the fund invests in a broad fixed income and currency universe which allows agile investment management seeking high levels of alpha.
The Amundi International Fund aims to achieve investment returns by investing in the target fund which seeks to provide a compelling solution for investors seeking long-term returns and capital preservation in an uncertain environment by generating consistent returns that beat inflation over time through a benchmark-agnostic global value approach. The fund therefore has an dynamic unconstrained investment universe and a great degree of flexibility. The fund managers may invest in international equities as well as bonds and gold-related securities to achieve diversification and reduce risk.
