Fund Information
Fund prices, performance, and documents including fact sheets and prospectuses can be found by visiting our Global Distributor website. To see the funds that US Offshore offers, select Luxembourg under Country of Registration. Note that not every visible fund is available through US Offshore. Please contact us for more detailed information.
The global distributor website, and its content, is intended for Investment Professionals only.
For questions regarding our fund website or more information on our products please contact us.
Investment Institute Banner

By clicking, you will leave the Amundi US website and go to the Amundi Asset Management Global Website
The Amundi Institute is for the attention of Professional Investors, Institutional Investors, Consultants, and Intermediaries marketing to non-U.S. Persons ONLY. In the European Union, it is not for non-professional investors as defined by MIFID or in each local regulation. This website is solely for informational purposes and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security of any other product or service. Any securities, products, or services referenced may not be available for sale in the US.

Municipal Market Outlook
Unlike the US Treasury curve, the tax-exempt curve remains significantly positively sloped, leading to elevated yields in core and longer-duration municipal strategies. The high yield municipal market, in our view, displays a potential opportunity to provide not only tax-efficient dividends, but also pockets of price appreciation found in select sectors and security themes. In general, we expect credit stability in 2025, with potential policy shifts creating both credit negatives and positives. Some of these policy impacts may be felt in port issuers: broadly applied tariffs could impact bottom lines; hands-off energy policy could benefit traditional energy-producing local agencies and states; and Medicaid and Medicare reimbursement eligibility rate shifts could negatively impact smaller regional health care systems.

Markets between love and fear
In February, markets showed that love is in the air: despite new tariff announcements, inflation risks, and the DeepSeek shakeup, positive market sentiment continues to prevail. In Europe, equities reached new all-time highs, and in the US, there is evidence of a broadening equity rally, as the dominance of the Magnificent Seven may be starting to fade. However, uncertainty remains at extreme levels, with renewed fears emerging following the higher-than-expected January Consumer Price Index, which recorded its fastest increase in a year and a half, and some weak US economic data.

Forming coalition will be easiest of next German chancellor's many challenges
Given the tensions that brought down the last German government, which was a three-party coalition, preference will be given to a two-party coalition to limit the amount of compromise necessary. The most likely coalition is between the CDU/CSU and the SPD. The German economy, which was in recession for the second year running in 2024, is the weakest economy in the eurozone. Tightening financial conditions, rising energy prices and weakening foreign demand (particularly from China) explain the poor economic performance. Uncertainty over tariffs has been weighing on confidence and domestic demand since the start of the year.
Amundi Funds US Bond*
|
Amundi Funds Income Opportunities*
|
Amundi Funds US Pioneer Fund
|
Amundi Funds US Short Term Bond*
|
Amundi Funds Global Equity*
|
Amundi Funds US Equity Fundamental Growth*
|
*Prior to March 15, 2024, Amundi Funds Pioneer US Bond, Amundi Funds Pioneer Income Opportunities, Amundi Funds Pioneer US Short Term Bond, Amundi Funds Pioneer Global Equity, Amundi Funds Pioneer US Equity Fundamental Growth
We have updated our Privacy Notice to meet the requirements of new European Union regulations on data protection that take effect on May 25, 2018. Our updated Privacy Notice can be found here.