About the Strategy
Amundi Multi-Sector Fixed Income Strategy seeks to outperform the Bloomberg US Universal Index.
Benchmark
Bloomberg US Universal Index
Inception Date
July 1, 1999
Vehicles
Separate Account
Comingled Fund
Mutual Fund
Our Amundi Multi-Sector Fixed Income Strategy takes an active, value-driven approach, investing across a wide range of global fixed income asset classes. This approach can yield higher returns than the US core, investment grade strategy while seeking to limit volatility, due to the diversification1 of non-investment grade and global fixed income sectors. Asset allocation and security selection are the primary alpha sources, with additional contributions from interest rate and currency factors.
1Diversification does not guarantee a profit or protect against a loss.
Overview
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Employees active asset allocation and bottom-up security selection as key drivers of alpha
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Seeks to exploit low correlations of global fixed income and non-investment grade debt markets with US investment grade markets
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Focuses on protection against permanent impairment of capital
Why Amundi US?
The Strategy is managed within a strong fixed income investment culture focused on sound, fundamental research. Key features of the Amundi Multi-Sector Fixed Income Strategy include:
- Value approach: Assesses relative value across a broad range of global fixed income sectors, seeking strong total returns by investing in mispriced sectors and securities
- Broad diversification: Expands opportunity set by investing in benchmark and non-benchmark sectors, increasing potential for higher returns, while diversifying risk through lower correlations of non-investment grade and global sectors with US investment grade sectors
- Active, dynamic asset allocation: Overweights sectors strategically that offer attractive relative value, with particular focus on credit sectors where Amundi Pioneer has core competency
- Downside risk focus: Strives to mitigate loss by avoiding at-risk sectors and securities, and aims to avoid principal loss in rising interest rate environments through active asset allocation to reduce exposure to the most interest rate-sensitive sectors
- Experienced, stable team and track record: Boasts approximately 30 years of experience among the portfolio managers and averages over 20 years of experience among the Fixed Income team
- No portfolio manager departures since the Strategy's inception in 1999
Portfolio Management
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Ken Taubes Executive Vice President |
Jonathan Duensing, CFA Senior Managing Director |
Jonathan Scott, CFA Senior Vice President |
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Brad Komenda, CFA Managing Director |
Andrew Feltus, CFA Managing Director |
More Opportunities in Multi-Sector Fixed Income Strategies
Amundi US Core Plus Fixed Income Strategy
Amundi US Short Term Income Strategy
This information is exclusively intended for “Professional” investors within the meaning Directive 2014/65/EU of the European Parliament and the Council of 15 Many 2014 on Markets in Financial Instruments (as amended) (MIFID II). It is not intended for the general public or for non-professional individual investors within the meaning of all local regulations, or for “US Persons”, as defined in the Securities and Exchange Commission’s “Regulation S” under the 1933 U.S. Securities Act. This non-contractual information does not under any circumstances constitute an offer to buy, a solicitation to sell, or advice to invest in financial instruments of Amundi or one of its affiliates (“Amundi”). Investing involves risks. The performance of the strategies is not guaranteed. Past performance does not predict future results. Investors may lose all or part of the capital originally invested. There is no guarantee that ESG considerations will enhance a strategy’s performance. The decision of investors to invest in the promoted strategies should take into account all characteristics of objectives of the strategies. All investors should seek professional advice prior to any investment decision, in order to determine the risks associated with the investment and its suitability. Amundi assumes no liability, either direct or indirect, resulting from the use of any of the information contained in this document, and shall not under any circumstances be held liable for any decisions taken on the basis of this information. This information may not be copied, reproduced, modified, translated or distributed, without the prior written approval of Amundi. This information is provided to you based on sources that Amundi considers to be reliable at the date of publication, and it may be modified at any time without prior notice.