Amundi takes on Macquarie FX product

Amundi has added a currency hedge fund run by Macquarie Investment Management to a global platform of alternative investment products. Axel Maier, managing director and head of Asia distribution at Macquarie IM, says the strategy has nearly $2 billion of assets and is near its capacity. The firm has a $105 million allocation for Amundi clients. Investments could come via Amundi’s fund of funds, or Amundi clients can invest directly via a managed account platform that it maintain…