The European largest asset manager, Amundi Asset Management, has been in the Nordics for over 10 years. This Paris-based, listed company (AMUN.FP) with market cap of 6,5 billion euros, is known for the quality to client relationships and commitment to sustainable development.
– We have been in the Nordics over 10 years, but we are both local and global. Amundi can offer its global presence and knowhow to its customers. Low carbon products with indexes can give our customers the possibility to have impact investing. We are also a founding member of the Portfolio Decarbonisation Coalition, which is an investment community targeted to mitigate emissions in the investment process, says the company Nordic head Ms Tove Bangstad.
Amundi Asset Management has nearly 1000 billion euros assets under management and is therefore one of the biggest financial institutions globally. Its customers are sovereign wealth funds, institutions, pension funds, corporates but also private investors.
Robots for the industry?
As one of the big institutions, Amundi is also considering what kind of possibilities new technology and robots could bring into the asset management industry.
– It is not far away, that robots would give you an investment strategy with possible funds and risk profiles. They can calculate thousands of different funds and make the best possible optimation. No one else could do that, she says.
This new technology has been taken into pre-use for example in the US and so far the experiences have been very positive, altought the personal contact is missing.
In the near future markets will be watching closely the UK Brexit decision and the US Presidential election and investors have been partly sfiting to save-haven investments to wait for the decision.
– One thing is sure, the turbulence in the financial markets is going to continue also during the autumn time, Bångstad says.