https://www.ft.com/content/97c0ffab-da61-4b29-ae6a-94b97c07155b Europe’s largest asset manager Amundi is moving out of US assets in favour of China, attracted by the country’s brighter economic prospects, better valuations and a more benign outlook for inflation. Vincent Mortier, chief investment officer of the Paris-based fund firm, which has €2.1tn in assets, thinks “too much risk” is priced into Chinese credit and high-quality companies, while markets in the US are “too optimistic” as a recession looms.
https://www.ft.com/content/97c0ffab-da61-4b29-ae6a-94b97c07155b
Europe’s largest asset manager Amundi is moving out of US assets in favour of China, attracted by the country’s brighter economic prospects, better valuations and a more benign outlook for inflation. Vincent Mortier, chief investment officer of the Paris-based fund firm, which has €2.1tn in assets, thinks “too much risk” is priced into Chinese credit and high-quality companies, while markets in the US are “too optimistic” as a recession looms.
+1
+1 任何时候都不乏火中取栗的人