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Climate change is now increasingly recognized as a major financial threat. Along with leading institutional investors and key partners, Amundi has developed simple dynamic investment strategies that allow long-term passive investors to hedge climate risk without sacrificing financial returns. FRR and AP4 have committed respectively up to €1bn on tracking the MSCI Low Carbon Leaders Indices, which Amundi contributed to design, and ERAFP is working with Amundi to decarbonize a €750MM equity portfolio.
Laurent TROTTIER, CFA
Global Head of Index Management & Smart Beta
What is the impact on a portfolio’s performance when ESG criteria are applied to the management process? This question has been at the centre of numerous debates for years. Amundi has conducted a scientific study on the topic and the conclusions are published in this document. The work carried out by the quantitative research team associated with extra-financial analysis is based on the SRI processes used at Amundi andcertified by Afnor.
Florian BERG, Sylvie de LAGUICHE, Tegwen LE BERTHE, CFA, Alessandro RUSSO, CFA, Antoine SORANGE
Since the beginning of the crisis, all eyes have been riveted alternately on the ECB or the Fed. Today we are suffering from exotropia, with investors focusing simultaneously on two obsessions: will Greece plunge into chaos, will the Fed tighten? Our view is that in fact the two issues are not all that divergent. In both cases we are buying time and in both cases the good news is that in a zero interest rate world flooded with liquidity buying time costs nothing or nearly nothing.
Romain BOSCHER, Melchior DECHELETTE, Eric HERMITTE, Gilbert KESKIN, Arnaud DU PLESSIS, Laurent TROTTIER, CFA