Interview with Matteo Germano and Highlights
Matteo Germano, Head of multi-asset and cio Italy
“We want to become the preferred Multi-Asset* solution provider by 2020.” Matteo Germano
What are the strengths of the Multi-Asset* investment platform?
Our Multi-Asset (M-A) platform offers one of the largest set of complementary M-A capabilities in the industry. Based around five divisions (Absolute Return, Balanced, Income and Real Return, Flexible, Factor and ESR, Institutional Solutions, Fund Solutions), this organization combines the skills of over 200 investment professionals with a 30-year track record. Coupled with an ongoing dialogue with clients, it allows Amundi to deliver the technical knowledge, resources and experience necessary to develop client-centric solutions.
Why is the area of Multi-Asset so important to Amundi today?
M-A investing remains and will be a focus of attention for investors in the future. As Europe’s largest asset manager, we have to provide our existing and prospective clients with industryleading products and solutions that help deliver the outcomes our clients need.
What are your ambitions?
Our M-A platform is the largest in Europe, and we want to be one of the world’s top five active M-A players in this type of investment by 2020. To achieve our goals, we will have to develop all three major distribution channels. That means becoming the preferred product and solution provider for our Retail partners, penetrating the cross-border market with Retail third-parties and becoming the benchmark solution for top-end Institutional clients.
€1bn Amundi 12-14 M* crossed the 1 billion euros milestone in January 2018. Amundi 12-14 M is a bond fund which aims at achieving above market return, by optimising short-term bond market opportunities and through flexible management, on a one-year minimum horizon.
Amundi Hong Kong Wins Bct Mandate
Amundi Hong Kong was selected by BCT, a major local provider of retirement savings solutions, to manage nine funds totalling over $3 billion in assets under management. Amundi will be in charge of asset allocation and will oversee investment delegations for underlying assets.
Amundi immobilier invests in accorinvest, Accorhotels’ real estate subsidiary
In June 2018, Amundi Immobilier and Crédit Agricole Assurances took a solid equity stake in AccorInvest, AccorHotels’ real estate subsidiary. The hotel group sold 58.1% of its subsidiary’s capital, for a total amount of 4.6 billion euros. Amundi Immobilier invested 330 million euros through its funds while Crédit Agricole Assurances went in for 300 million euros. With this move, Amundi’s investors now benefit from an excellent and geographically diversified exposure to the hotel industry, with a worldrenowned operating partner, AccorHotels, and attractive immediate return.
Survey on the European alternative asset market
In March 2018, Preqin (1) and Amundi presented the first survey ever carried out on the European market for alternative assets. The investors and asset managers interviewed by Preqin expressed their appetite for this asset class and their intention to invest more and more into it in the years to come.