Concerns raised include the impact of a potential spike in oil prices after the US bombed Iran, he said, adding that overall, the events haven’t led to major changes in how institutional clients allocate money in the region.
Amundi SA said institutional clients at Europe’s largest asset manager are increasingly looking to protect themselves after a series of events this year boosted volatility.
“We are having a lot of requests from our institutional clients to buy puts to protect portfolios,” Jean-Jacques Barberis, head of the institutional and corporate division and ESG at Amundi, said in an interview.
