Asset allocations

Amundi says it’s time to love bonds again

Amundi says it’s time to love bonds again

Europe’s biggest fund manager, Amundi, is telling investors that it is time to get back into the bond market. And it believes that reports of the death of the 60-40 portfolio are greatly exaggerated. That theory merely has spent time in the freezer, said Vincent Mortier, Amundi’s chief investment officer.

“Bond is back, and not only on screen,” Mortier jokingly told journalists in a media call on Tuesday.

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