Amundi Announces Corporate Green Bond Strategy

Published on: 01 July 2022
by KnowESG

Amundi has announced a green bond strategy for its €37 billion corporate credit team.

The Amundi Funds Euro Corporate Short Term Green Bond strategy will invest in green bonds issued by firms around the globe that promote environmentally and climate-friendly projects.

In doing so, the fund will assist the development of global clean projects and invest in the green economy.

The actively managed fund will have both a bottom-up and a top-down investment strategy.

The green bonds selected for the portfolio will adhere to the Green Bond Principles (GBPs), and the fund will report annually on tonnes of CO2 emissions averted.

Yael Muscat, senior credit portfolio manager, Alban de Fa, director of responsible investment fixed income process, and Hervé Boiral, head of Euro Credit, will co-manage the fund.

Amaury d’Orsay, head of fixed income at Amundi, commented: “Corporate issuers have been increasingly committed to the fight against climate change. This has translated into a growing and increasingly diversified green corporate bond market.

“Amundi Funds Euro Corporate Short Term Green Bond seeks to enable investors to protect their portfolio against rising interest rates whilst also seeking to generate a positive impact.”

The Fund is currently registered in Luxembourg, Norway, France, Greece, the Netherlands, Austria, the United Kingdom, Finland, Sweden, Ireland, Belgium, Germany, Switzerland, and Spain as part of the Amundi Funds Luxembourg Sicav.

Source: Funds Europe

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