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Amundi CIO Blanque says equities still the asset class to own -Breaking

LONDON (Reuters – Equities continue to be the preferred asset, and it is too easy to sell emerging markets assets. Pascal Blanque from Amundi said Monday at the Reuters Investment Summit.

Blanque explained that equity is for her the most limited asset class. There are limitations to the TINA mantra (there is no other), but that’s a relative.

Amundi, Europe’s biggest asset manager in terms of assets under management is Amundi.

Blanque reiterated that next year was crucial for real or inflation-adjusted rates, emphasizing his belief in central bank control losing government bond yield curves.

Many central banks are now reducing the massive stimulus that was unleashed during last year’s COVID crisis.

Blanque said that it is too easy to sell emerging markets and suggested some portfolio rebalancing.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.