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.

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