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07 section 07 header
Easy to understand.
10%
20%
65%
85%
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06 section 06 header
The highlights
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72+
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4,582
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$6m
Upsell over the last 2 years
87%
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$17b
05 section 05 header
Data is key. Relevant data is everything.
FY 17
FY 16
FY 15
FY 14
FY 13
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04 section 04 header
Constantly Analysing
Biden42%
Trump 49%
Biden 46%
39%
Biden69%
Trump 68%
Biden 36%
Trump 39%
Biden 71%
Trump 68%
Biden 91%
Trump 86%
April
May
June
July
August
Rollover for values
September
Trump V Biden
17.9
%
78.2
%
93.8
0%
05%
10%
15%
20%
35%
30%
25%
Tap each item
2020
ELECTIONS
US
$17b
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$6m
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1928
Established Since
450+
employees
An opportunistic Core Fixed Income Strategy, investing across a wide range of U.S. Dollar fixed income sectors with the goal of achieving competitive risk-adjusted results.
- Coverage of the full spectrum of the US bond market
- Flexible use of the most attractive sectors, regardless of the market environment
- Stable team with over 30 years of experience in the industry. Discover Move
$85.4bn
of assets under management *
AMUNDI FUNDS US PIONEER FUND
Aiming to deliver competitive performance over the longer-term by seeking out high-quality, attractively priced companies trading at below their intrinsic value.
- Focus on attractively valued, high-quality equities
- Consistent exclusion of controversial companies
- Proven fund management team with decades of investment experience. Discover more
Amundi Pioneer: A Global Asset Manager with a strong US presence
Amundi Pioneer is the US investment headquarters of Amundi, whose extensive network of investment and marketing offices throughout the world provides a global perspective as well as in-depth knowledge of local markets.
Amundi Pioneer offers a broad and diversified range of innovative fixed income, equity and multi-asset solutions that can satisfy real investment needs in changing market environments.
US-Managed Fixed Income Capabilities
$48.48 billion AUM
A Fixed Income Team with 20 years average investment experience
Amundi Funds Pioneer US Bond
A US-managed US Bond strategy with a 40-year track record of navigating a wide range of market cycles.
LEARN MORE
$48.48 Billion as of June 30th, 2020.
US - Managed Equity Capabilities
$35.76 billion AUM
A Portfolio Management Team with 20 years average industry experience
Amundi Funds US Pioneer Fund
Focuses on attractively valued, high-quality equities with a track record through 90 years of turbulent markets.
LEARN MORE
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What are the consequences for investors if Biden wins? And what can investors expect if Trump is re-elected to serve a second term?
R
A
T
E
S
Investment talks -Former Vice President Joe Biden defeated President Trump to become the
46th President of the United States READ MORE
Investment talks - The winner of the election is likely to be determined sometime during the next few days as three battleground states READ MORE
Podcast - A theme-specific podcast delving into hot topics currently making waves within the industry. LISTEN NOW
Discover more of Amundi's Insights on the US Elections
Former Vice President Joe Biden defeated President Trump to become the 46th President of the United States. While Trump has not conceded yet, he became only the third President to fail to win re-election since World War II.
The race was remarkably stable despite potentially major moving events, such as Trump’s impeachment and the Covid-19 pandemic to name a few. In the end, the election tightened, but not enough for Trump to stay in power.
Biden wins, but the US remains divided
Biden had no coat tails
Contrary to expectations, Democrats did not gain control of the Senate. There are only two races left to be declared, Alaska and North Carolina. Both are expected to remain in Republican hands.
In the House of Representatives, the Democrats are expected to lose seats rather than gain seats as they had hoped. But they are still projected to retain control.
Investment Implications
A divided government will mean that the incoming Biden administration will be hamstrung to pass a large fiscal stimulus package, a big infrastructure bill, and higher taxes. This could help contain the budget deficit.
However, concerns about the growth outlook for next year without further fiscal stimulus will be mitigated by very positive news from Pfizer and the high efficacy of its vaccine.
Even with uncertainty set to continue, we believe that the US market will remain a compelling investment opportunity, but experience and local knowledge is key to navigating the challenges of different economic cycles.
Both developments are a positive backdrop for investor sentiment that will help fuel risky assets to rally, bond yields to trend higher and the dollar to continue its bear market.
