SJP hands absolute return multi-asset mandate to Amundi

Amundi's Milan-based global absolute return team, headed by Davide Cataldo, will manage the sterling-denominated mandate on behalf of UK investors. The asset manager said the strategy will employ "both directional and relative value investment ideas" in the portfolio, to achieve a high level of diversification and with a "focus on downside protection, utilising multiple layers of risk management". The strategy, which is classified as Article 8 under SFDR, will be managed using Amundi's proprietary ESG analysis and rating methodology to integrate ESG. As of 30 September 2021, Amundi...