Amundi Alternative Investments (Amundi AI), the $3.3 billion (€3.1 billion) hedge fund arm of recently listed French asset manager Amundi, has partnered with Hong Kong-based Complus Asset Management.
Together they will provide investors with an Asian focused global macro strategy, using Amundi AI’s Alternative Investment Fund Managers Directive (AIFMD) compliant platform.
Amundi hopes that by adding Complus to its existing platform, it will be able to offer a complementary strategy to its existing investments. Complus launched its discretionary global macro strategy with a focus on Asia in 2011.
The investment team aims to leverage its trading experience in these markets to conduct a fundamental and market dynamic analysis in which to construct a balanced portfolio using relative value and directional positions.
“We strongly believe that Complus is at an optimal point in its development cycle; assets are large enough to offer business stability yet small enough to maintain the nimbleness required to capture market opportunities,” says Michael Hart, deputy chief executive officer of Amundi AI.
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