Amundi Chenavari Credit Fund is a sub-fund from Amundi Investment Solutions’ pool of funds that is actively managed by Chenavari Credit Partners. The credit hedge fund is not tied to a particular benchmark and has an assets under management (AUM) of $778 million.
The fund disclosed in the latest May report that Class A generated a monthly gain of 0.42%, while Class SI performed a bit better with a 0.64% gain. The top contributors came from corporate (0.26%) and financials (0.45%) on a gross level.
Market Landscape Commentary
Markets in May rebounded after the Liberation Day announcements made by the Trump administration. However, volatility still seems to be the...