Valerie Baudson, CEO of Amundi Asset Management on how she views the JV with SBI, her take on Indian markets, Trump trade, ESG theme.
With average consumer-price increases easing for two successive quarters from an 11-year high, more developing nations are seeing their inflation-adjusted rates turn positive and widen their gap over developed countries.
Amundi had around 11 billion euros ($12 billion) of assets invested in private equity at the end of 2021, according to its annual report. That’s a small portion of its 2 trillion euros in total assets under management, which make it one of Europe’s biggest investment firms.
Carmichael coal mine in Australia has drawn strong opposition from climate campaigners over the potential carbon emissions that would be produced by the mine
The IPO received bids for 7.85 crore shares as compared to 2.86 crore equity scrips on offer, translating into a subscription of 2.75 times, according to data available with the National Stock Exchange (NSE) till 1600 hours. The bidding for the IPO, which started on August 24, would conclude on Wednesday.
The public issue has opened for subscription today, which comprises a fresh issue aggregating up to Rs 510 crore and an offer for sale aggregating up to Rs 90 crore by Siddhartha Corporation Private Limited, a member of the promoter group.
SBI MF, a joint venture between SBI and French major Amundi, is the sixth-largest fund house with an AUM of Rs 86,000 crore as of the June quarter and is all set to cross the Rs 1 lakh crore mark by the September quarter.
Ayaz Ebrahim of Amundi believes the European situation, the US fiscal cliff and issues in China continue to be a concern. He also does not expect a resolution for the fiscal cliff until January.
2012 has begun with a bang for Indian equities. FII's have pumped in a whopping USD 1 billion in just 14 trading sessions. CNBC-TV18's Kritika Saxena takes stock of what's worked in India's favour and what hurdles remain to be overcome.
Ayaz Ebrahim, CIO Asian equities ex-Japan of Amundi is getting more constructive on India now. He says, valuations in Asian markets are compelling. “If we are looking at a multi-year view, over the next two-three years, Asia still remains very positive. Valuations are definitely very much on the cheaper side,” adds.
In a world where developed economies have failed to sustain any kind of strong economic growth stories, emerging markets (EMs) have emerged as the new safe haven for many global investors.
China will lead an economic slowdown in Asia this year -- but that's good news for investors, as it should avoid bigger inflation problems in the region, fund managing company Amundi said on Thursday.