Read full report
1. Bonds and Cash in focus
In a decelerating economic backdrop, with rates at their peak in decades, bonds – with a focus on quality – and cash are favoured.
Establish a broad “net-zero” offering
Expand impact investment solutions, reaching €20bn of assets in impact strategies
Enlarge RI in passive management, 40% of ETF range will be ESG ETF
Provide clients with access to cutting edge sustainability analytics through ALTO Sustainability
2. Search for quality in Equities
Divest from unconventional hydrocarbons by 2022*
Ongoing high inflation and deteriorating growth will put corporate profitability under pressure. Quality will be key in search for resilience.
3. Emerging Markets: from West to East
Capture shareholders’ opinions on Amundi’s climate strategy
Reduction of Amundi’s operational emissions by -30% per employee
Investors should embrace a dedicated allocation to Asia, to benefit from its growth advantage (around 70% of global growth is expected to come from Asia this year).
“Our new “ESG Plan 2025” is even more demanding and aims to align all of our stakeholders: investors, companies, employees and shareholders. The acceleration of our ESG commitments will be Amundi's primary growth lever around the world.”
Valérie Baudson
Chief Executive Officer of Amundi
Read full report
4. Inflation-proofed dynamic allocation
Divest from unconventional hydrocarbons by 2022*
This cycle comes with high uncertainty on growth, inflation, and valuation mispricing. This backdrop offers opportunities for a dynamic asset allocation approach.
5. ESG themes in focus
Capture shareholders’ opinions on Amundi’s climate strategy
Reduction of Amundi’s operational emissions by -30% per employee
Assessing the Net Zero direction and its impact on investment is becoming a key priority at a time when other themes, such as strategic autonomy and food security, are also gaining traction.