AMWatch

Amundi offers wine and cheese fund as investors crave niche bets

Europe's largest asset manger is raiding the pantry for its next fund.

Photo: Sergi Reboredo/AP/Ritzau Scanpix

Amundi is serving up an unusual solution for its yield-hungry investors.

Europe’s largest asset manager is seeking to raise as much as EUR 200m for a fund that invests in wine, cheese and cured ham producers, according to an investor document seen by Bloomberg. The fund is a larger successor of an earlier version which provided financing to small Italian food-makers that local banks deemed too risky to lend to.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Why do Nordic funds have so few female portfolio managers?

Only 16 percent of fund managers in Sweden are women. The figure is 11 percent in Finland, while just 6 percent of fund managers in Denmark and Norway are female. AMWatch has talked to four Nordic women in finance in search of answers regarding this imbalance and to hear about their career experiences. 

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch