Amundi ‘Extremely Confident’ as Asset Owners Review Mandates

Amundi headquarters in Paris.

Photographer: Cyril Marcilhacy/Bloomberg

Amundi SA says it’s expecting to see more inflows as a result of what it describes as ongoing adjustments in institutional mandates triggered by a growing desire to manage climate risk.

Europe’s largest money manager, which last month reported a record €2.32 trillion ($2.68 trillion) of assets under management, is already seeing the benefits of its focus on climate, according to Jean-Jacques Barberis, Amundi’s head of institutional, corporate clients and ESG.