Contact us

Our online help service is available to answer your question. Please don't mention your account numbers or any critical data at this point, and only if you're asked by Amundi Client Service.

Select your profile* : Individuals investor Financial professionals		* Required fields


		The Captcha field is wrong or empty
The personal data collected above are intended for AMUNDI ASSET MANAGEMENT and are for the sole purpose of enabling you to receive a response to your request for information. AMUNDI ASSET MANAGEMENT undertakes to keep your personal data for the duration of our exchanges. In accordance with the European Regulation on the processing of personal data (RGPD 2016/679), you have the right to access, rectify, and delete your data by writing to AMUNDI ASSET MANAGEMENT BSC/SEC/PCA - 90, bd Pasteur - CS 21564 - 75730 Paris – FRANCE or by e-mail to dpo@amundi.com. By checking the box above, you declare that you understand and accept these conditions.

Important legal information.
Please read these terms and conditions carefully

This part of our website is for the attention of “Professional” investors. In the European Union, it is not for non-professional investors as defined in the MIFID or in each local regulation for the general public and nor for "US Person". This website is solely for information purposes. There is no guarantee that any targeted performance or forecast will be achieved. Amundi owns the copyright and all other intellectual property rights in the website.

By choosing “I Accept” you represent that you understand and agree to all the legal terms and conditions of Amundi’s website

the articles & research center news

Your search

You have selected

liquidity

refine your search

19 article(s) matching your search criteria :

sort by :

Working paper

Working paper

05.01.2021 - Working Paper

Liquidity Stress Testing in Asset Management

This article is part of a comprehensive research project on liquidity risk in asset management, which can be divided into three dimensions. The first dimension covers liability liquidity risk (or funding liquidity) modeling, the second dimension focuses on asset liquidity risk (or market liquidity) modeling, and the third dimension considers asset-liability liquidity risk management (or asset-liability matching).

Thierry RONCALLI, Fatma KARRAY-MEZIOU, François PAN, Margaux REGNAULT

slider

slider

28.10.2020 - Insights Paper

Liquidity trends in the wake of Covid-19: implications for portfolio construction

The Covid-19 crisis has triggered the deepest liquidity squeeze since 2008. Unlike the Great Financial Crisis (GFC), an unprecedented real economy shock led to extremely quick deterioration of financial conditions and showed that, under extreme circumstances, liquidity may dry up not only within risk assets, but also within risk free ones. The peak of this crisis hit in February/March. Market liquidity has improved noticeably since then, although it has not completely normalised yet and areas of weak liquidity remain.

Pascal BLANQUE, Vincent MORTIER, Matthieu GUIGNARD, Gianluca MINIERI

Slider-1280x400

Slider-1280x400

01.04.2020 - Investment Talks

Euro Investment Grade credit reacts to the ECB’s bazooka: selective opportunities

Covid-19 is expected to severely damage the European economy in the coming quarters. The answer at the European level to this disruption has been strong on the monetary policy side, with the implementation of the temporary Pandemic Emergency Purchase Programme of €750bn and targeted longer-term refinancing operations, and at the single country level, with targeted fiscal measures.

Eric BRARD, Monica DEFEND

Slider

Slider

12.11.2019 - Investment Talks

Renewed expansion of Fed balance sheet will not be QE but will affect markets

On 30 October the Federal Reserve cut the federal funds rate for the third time this year, while hinting at a pause over the next few months. The rate cut followed the Fed’s announcement on 11 October that it will address a liquidity shortage causing volatility in the overnight loan market by buying $60 billion per month in Treasury bills until Q2 2020 and support overnight repo operations through January 2020.

Paresh UPADHYAYA, Christine TODD

Vignette 600x400

Vignette 600x400

14.10.2019 - Investment Talks

Liquidity dilemma needs a regulatory response

A few high-profile fund suspensions have recently driven the focus back to market liquidity and how this can affect the ability of funds to meet certain redemption scenarios. Despite ample liquidity at the macro level, some areas of strain remain at the micro level and could worsen in case of a material deterioration of economic conditions, a recession or a spike in volatility.

Pascal BLANQUE, Vincent MORTIER

Slider

Slider

02.08.2019 - Insights Paper

Seek high yield opportunities, but be aware of liquidity conditions

Low rates and accommodative central bank policies translate into lower funding costs and easier financial conditions for HY companies.

Kenneth J. MONAGHAN, Andrew FELTUS, Sergio BERTONCINI, Laura FIOROT

Working paper

Working paper

26.03.2019 - Working Paper

Optimal Allocation in the S&P 600 under Size-Driven Illiquidity

A number of empirical studies have investigated how mutual funds do react to incoming financial resources. As long as liquidity constraints are narrow, fund managers tend to upscale already existing positions without looking for new investment opportunities.

Lionel Lecesne, Andrea Roncoroni

2019.03-traditional-and-alternative-factors

2019.03-traditional-and-alternative-factors

11.03.2019 - Expert Talk

Traditional and Alternative Factors in Investment Grade Corporate Bond Investing

While the concept of factor investing has gained significant traction since the 2000s with the consequence of altering the landscape of equity investing, factor investing in fixed income remains in its infancy.

Mohamed BEN SLIMANE , Marielle DE JONG, Jean-Marie DUMAS, Hamza FREDJ , Michael SRB

2019.02 - CIO Insights - Facing liquidity dilemma - EN

2019.02 - CIO Insights - Facing liquidity dilemma - EN

25.02.2019 - Insights Paper

How investors should deal with the liquidity dilemma

The paradox of liquidity (it dries up when most needed) remains one of the key challenges for investors on the aftermath of the great financial crisis and it is resurfacing in this late financial cycle phase.

Pascal BLANQUE, Vincent MORTIER

Legal notices

Follow us: