Amundi Asia Pacific Market Monthly Commentary - May 2020
Paris, Tuesday 24 March 2020
The acceleration of the coronavirus crisis, the confinement measures taken by a growing number of governments around the world, the repercussions already seen on our economies and their translation into the behaviour of financial markets are creating a truly exceptional moment in our collective history.
In this context, we have taken a series of measures aimed at two fundamental objectives: the protection of people's health - of our clients and employees - and the continuity of the services we provide to our clients, maintaining our high level of quality.
Our daily action in this crisis is based on three pillars:
The Group’s Management Committee meets every day to assess the situation and decide on the appropriate measures called for by the operating environment and the financial markets. This Group Management Committee is in turn supported by equivalent governance in each of our locations around the world.
This crisis is unprecedented in its magnitude and it is difficult to predict how long it will last.
Text updated on March 24, 2020.
Sustainable and actionable: An ESG study of climate and social challenge for Asia is an Economist Intelligence Unit report, commissioned by Amundi. It explores environmental, social and governance (ESG) investing in fixed-income markets and examines the evolution of “green” debt from an issuer, investor and regulatory perspective. Central to the study is a question about market progress and if it has been enough, in Paris Agreement terms. Our research is based on indepth interviews conducted with 14 executives at asset-owner firms, regulatory bodies and finance professionals at academic or advisory organisations alongside extensive desk research and historical analysis. While the study concentrates on stakeholders and market players in Asia, the conclusions and implications are globally minded.