Pursuing Sustainable Income with a Multi-Asset Approach

Friday 06 September 2024

Investment Talks

Pursuing Sustainable Income with a Multi-Asset Approach

September 2024 | While today’s capital market valuations reflect the general optimism that a recession can be avoided, we believe activity levels may continue to deteriorate during the months ahead. The rise in the cost of money during the past two years has proven moderately effective at crowding out spending by both consumers and corporations alike. We suggest investors keep this prospective outcome in mind as they evaluate potential investment strategies. By placing focus on a solution with less sensitivity to index composition, managers and investors are able to emphasize areas of markets with greater opportunity, while avoiding others where the risk and reward balance is unfavorable.

01 | We believe a global, multi-asset approach with the flexibility to deploy capital across all geographies and asset classes can better equip investors to generate “sustainable” income while helping to balance the risks of today’s markets.

02 | The adoption of a more granular approach toward asset class definition offers the potential to identify attractive opportunities many investors are unable to recognize, or unable to capture.

03 | We favor assets we believe possess deep valuation support and strong free cash flow generation.

Pursuing Sustainable Income with a Multi-Asset Approach 202…

Important Information

Unless otherwise stated, all information contained in this document is from Amundi Asset Management as of September 6, 2024. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product or service. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not indicative of future results. Amundi US is the US business of Amundi Asset Management.

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©2024 Amundi Asset Management

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