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Amundi Smiles On European, Emerging Market Bonds In 2025
Amanda Cheesley
18 June 2025
Vincent Mortier, group chief investment officer (CIO) at also said that the sentiment and situation for emerging market equities has slightly improved. “This holds particularly true for China – both, for corporations in general and for consumer-oriented tech corporations in particular,” Vedda said. However, he thinks that Indian equities appear to be expensively valued, especially against the background of comparably weak data, recently released by many corporations. Alternatives In private markets, Amundi said selectivity will be crucial due to huge capital inflows. Currency diversification is also crucial, in particular for non-dollar investors.
Amundi believes that gold and commodities are good hedges against inflation risks, infrastructure and private debt provide stable cashflows. With gains of roughly 25 per cent in the current year, Vedda highlighted that gold is one of the top performers. The reasons: lasting geopolitical uncertainties, the waning trust in the dollar, globally-rising liquidity and a lasting demand from central banks. This constellation is expected to stay around. For this reason, Vedda raised his price target again, forecasting a price of $3,750 per ounce by June 2026.