{"id":63618,"date":"2017-06-12T00:18:56","date_gmt":"2017-06-11T22:18:56","guid":{"rendered":"http:\/\/beta.next-finance.net\/innovation\/amundi-brings-investors-a-focus-on-us-mid-cap-equities-with-amundi-funds-wells-fargo-us-mid-cap\/"},"modified":"2017-06-12T00:18:56","modified_gmt":"2017-06-11T22:18:56","slug":"amundi-brings-investors-a-focus-on-us-mid-cap-equities-with-amundi-funds-wells-fargo-us-mid-cap","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/innovation\/amundi-brings-investors-a-focus-on-us-mid-cap-equities-with-amundi-funds-wells-fargo-us-mid-cap\/","title":{"rendered":"Amundi brings investors a focus on US mid cap equities with Amundi Funds Wells Fargo US Mid Cap"},"content":{"rendered":"<p>Amundi, the leading European asset manager with EUR 1.1 trillion in assets[[ Source: Amundi as at 31\/03\/2017. No.1 European asset manager based on global assets under management (AUM) and the main headquarters<br \/>\nbeing based in Continental Europe &#8211; Source IPE ?Top 400 asset managers? published in June 2016 and based on AUM as at December 2015.]], offers investors exposure to US domestic growth potential with Amundi Funds Wells Fargo US Mid Cap, a sub-fund of its Luxembourg flagship SICAV. This sub-fund, formerly Amundi Funds Equity US Concentrated Core[[  Amundi Funds Equity US Concentrated Core, managed by TCW Investment Management Company, benchmark Russell 1000 Growth (Total<br \/>\nReturn) until May 3, 2017]], aims to achieve long-term capital growth, and specifically to outperform (after applicable fees) the MSCI USA Mid Cap index over any given 5-year period[[ 3 The Sub-Fund does not offer a performance or capital guarantee. For further details on the risks linked to this sub-fund, please refer to the Key<br \/>\nInvestor Information Document (KIID) and the Prospectus of Amundi Funds.<br \/>\n]].<\/p>\n<p><strong>Mid Cap stocks \u2013 an interesting asset class with long term structural benefits<\/strong><\/p>\n<p>When investing in equities, investors typically think of large cap securities. These securities offer a highly<br \/>\ndiversified investment universe covering a wide variety of sectors and industries comprising companies that<br \/>\nare household names, the stocks of which are liquid and familiar to investors. Mid cap stocks, are by<br \/>\ncontrast, often overlooked by investors. The company names may be less familiar but they are no less a<br \/>\nsource of opportunity for performance[[ The Sub-Fund does not offer a performance or capital guarantee. For further details on the risks linked to this sub-fund, please refer to the Key<br \/>\nInvestor Information Document (KIID) and the Prospectus of Amundi Funds.<br \/>\n]].<\/p>\n<p>Factors inherent to mid-cap value stocks, such as their cap size, involvement in M&#038;A activity, and value<br \/>\ncharacteristics, contribute to the consistent outperformance enjoyed by mid-cap value stocks over the long<br \/>\nterm. Midcaps are in the ?sweet spot? of the company life cycle. Compared with small-cap companies,<br \/>\nmidcaps may have the critical size required to endure poor economic or business developments and have<br \/>\nsurvived the high-risk proof-of-concept phase. Yet, compared with large caps, they have the potential to<br \/>\ngrow shareholder value at a relatively higher rate. Midcaps are often prime acquisition targets for other<br \/>\ncompanies seeking growth, which can also be a source of value creation and performance.<\/p>\n<p><strong>An experienced investment team with a strong track record<\/strong><\/p>\n<p>Amundi Funds Wells Fargo US Mid Cap is managed by Wells Fargo Asset Management\u2018s Special Equity<br \/>\nteam, with a collective experience of over 35 years, supported by 11 research dedicated analysts[[ Source: Wells Fargo Asset Management as at 31\/03\/2017]]. The<br \/>\ninvestment strategy benefits from a strong track record, and the team manages more than USD 10bn<br \/>\ntoday[[Amundi Funds Equity US Concentrated Core, managed by TCW Investment Management Company, benchmark Russell 1000 Growth (Total<br \/>\nReturn) until May 3, 2017]].<\/p>\n<p>The sub-fund is managed in line with the Wells Fargo US mid cap value strategy, which has an wellestablished<br \/>\n15-year track record. Its gross annualized performance for 1-, 3- and 5-year returns is 21.1%,<br \/>\n10.3%, 16.2% respectively[[Source: Wells Fargo Asset Management as at 30 April 2017. Performance figure provided for indicative purposes only. Past performance is not<br \/>\nindicative of future returns. Note: Figures GIPS\u00ae compliant.<br \/>\n]].<\/p>\n<p>The investment team actively manages the sub-fund\u2018s portfolio[[The Sub-Fund does not offer a performance or capital guarantee. For further details on the risks linked to this sub-fund, please refer to the Key<br \/>\nInvestor Information Document (KIID) and the Prospectus of Amundi Funds. ]]\nby using a fundamental analysis (bottomup)<br \/>\nthat aims to select the most attractive equities of cash rich companies having undervalued assets or<br \/>\ngrowth potential and limited downside risk. The resulting portfolio is comprised of 50 to 70 equities. As the<br \/>\nfund is invested in mid cap companies, which derive 85% of income from the US domestic market[[ Past market trends are not indicative of future market behaviour]].<\/p>\n<p><strong>Amundi-Wells Fargo partnership<\/strong><\/p>\n<p>Following a strict selection process, Amundi has chosen Wells Fargo Asset Management in a unique cobranding<br \/>\ninitiative between the two fund houses. Wells Fargo Asset Management brings its expertise in US<br \/>\nmid cap investment with a long track record and consistent performance which is highly complementary to<br \/>\nAmundi&#8217;s fund offering and global distribution with local reach across Europe and Asia.<\/p>\n<p>Christian Pellis, Global Head of Distribution, comments <em>&#8220;Amundi Funds Wells Fargo US Mid Cap responds<br \/>\ndemand among our investors for opportunities to capture performance in the US domestic market. For<br \/>\nmany investors, US mid-caps can complement large cap investment as part of their asset allocation.&#8221;<\/em><\/p>\n<p>Bryant VanCronkhite, Co-Team Leader of the fund at Wells Fargo Asset Management, adds <em>&#8220;We are<br \/>\nexcited to be partnering with Amundi to offer our unique accounting-based investment philosophy and<br \/>\nprocess for investing in US Mid Cap stocks. We&#8217;ve found this niche to provide exceptional risk-adjusted<br \/>\nreturns in the past and believe we have more of the same ahead of us.&#8221;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amundi offers investors exposure to US domestic growth potential with Amundi Funds Wells Fargo US Mid Cap, a sub-fund of its Luxembourg flagship SICAV. This sub-fund, formerly Amundi Funds Equity US Concentrated Core, aims to achieve long-term capital growth, and specifically to outperform (after applicable fees) the MSCI USA Mid Cap index over any given 5-year period.<\/p>\n","protected":false},"author":20,"featured_media":63616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1663,1655,1651,1437,1691,1686,1952],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/63618"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=63618"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/63618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/63616"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=63618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=63618"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=63618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}