Amundi is launching the Amundi Multi-Asset Sustainable Future fund.
The sub-fund invests mainly in euro denominated investment grade bonds, across the full range of maturities, issued by governments of OECD countries or supranational entities and corporates. Amundi says the fund can invest in up to 10% of its assets in contingent convertible bonds and up to 40% of its assets in equities worldwide and integrates ESG criteria into the bond selection process.
The fund will be managed by portfolio managers from the balanced strategies team led by Joerg Moshuber, lead portfolio manager and Enrico Bovalini and will use research from the Amundi’s ESG Analysis team.