Amundi creates €34bn real assets and alternatives platform

The French firm is aiming to double its funds under management in real and alternative assets by 2020.

Investment manager Amundi is bringing its real and alternative asset divisions under one roof to create a single platform.

Infrastructure, real estate, private debt, private equity and alternative multi-management will now form an integrated business, bringing together 200 investment professionals managing €34 billion of assets as at 30 June 2016.

Amundi is aiming to double its funds under management in real and alternative assets by 2020, with Pedro Antonio Arias, Amundi’s global head of real and alternative assets, telling sister publication Infrastructure Investor that it has been planning this move for over a year.

“We’ve been waiting until we have the critical size in the main strategies we would like to push forward,” he said. “Unless you have a sizeable management company, you don’t have the right dealflow access. We believe size and expertise are the key to be efficient in this market so that’s why we’ve been carefully waiting for that situation.”

Headquartered in Paris, Amundi has six investment hubs across the world. The firm has around 100 million retail clients, 1,000 institutional clients and 1,000 distributors in more than 30 countries.