Jan
29
Where Europe’s Biggest Fund Manager Is Putting Its Cash (And Where It’s Avoiding)
ByEurope’s largest asset manager favors India, Russia and Chile among emerging markets, arguing they fare better against those with weaker fundamentals and political risks amid an expected global slowdown.
Amundi Asset Management, which oversees the equivalent of about $45 billion of developing-nation assets, also likes stocks and bonds in China, Indonesia, Czech Republic, Brazil, and Peru, Pascal Blanque, group chief investment officer, said in an interview in Singapore…
Where Europe’s Biggest Fund Manager Is Putting Its Cash (And Where It’s Avoiding)