Amundi meets challenges of FoHF environment
As institutional investors begin to move away from the traditional 60% equity/40% bond allocation strategy, Amundi Alternative Investments (AI) believes the future of the fund of hedge funds sector lies in an evolution from asset management into an advisory role. It has already begun this transition. It has switched its focus from off-the-shelf products and is now concentrating on bespoke solutions for clients. In addition, Amundi AI has also positioned itself to be compliant with the European Alternative Investment Fund Managers Directive, moving all of its funds and managed account platform onshore. But, within these structures, it can still offer a range of hedge fund strategies to meet investment needs. Amundi AI believes a safer legal environment, coupled with better risk management, transparency, appropriate liquidity and uncorrelated returns with less volatility, will be key to meeting the objectives of the institutional investment community in future.