Europe’s Largest Asset Manager Amundi Cuts US Dollar Exposure Amid Geopolitical Uncertainty

Amundi announced plans to reduce its exposure to US dollar assets over the coming year as Europe’s largest asset manager pivots toward European and emerging markets. CEO Valerie Baudson disclosed the move in an interview this week, citing concerns about US monetary policies and geopolitical instability. The Paris-based firm manages €2.4 trillion ($2.8 trillion) in […] The post Europe’s Largest Asset Manager Amundi Cuts US Dollar Exposure Amid Geopolitical Uncertainty appeared first on the deep dive.