Amundi Goes Long Japanese Debt for the First Time in Decades

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Amundi is warming to Japanese government bonds for the first time in three decades as Europe’s biggest asset manager joins a growing group of foreign investors taking a long-term bullish view on the nation’s debt.Amundi, which oversees $2.8 trillion in client assets, shifted last week into a “slightly overweight” position compared with the benchmarks it tracks and will gradually go long on Japanese debt in some of its global fixed-income and diversified portfolios, Chief Investment Officer Vincent Mortier said in an interview.