Amundi US is the US business of Amundi, Europe’s largest asset manager by assets under management and ranked among the ten largest globally1. Boston is one of Amundi’s six main global investment hubs2 and offers a broad range of fixed-income, equity, and multi-asset investment solutions in close partnership with wealth management firms, distribution platforms, and institutional investors across the Americas, Europe, and Asia-Pacific.
With its financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 4,500 employees in nearly 40 countries. A subsidiary of the Crédit Agricole group and listed on the Paris stock exchange, Amundi currently manages approximately $1.9 trillion of assets3.
Amundi, a Trusted Partner, working every day in the interest of its clients and society
1. Source: IPE “Top 500 Asset Managers” published in June 2020, based on assets under management as at 12/31/2019
2. Boston, Dublin, London, Milan, Paris and Tokyo
3. Amundi data as at 9/30/2020
Jonathan M. Duensing, CFA
Jon Duensing, CFA, is Senior Managing Director, Head of Fixed Income, US and Portfolio Manager. He supervises all fixed income portfolio management and research activities for Amundi US, and leads a team of approximately 50 investment professionals who manage a wide range of US and global fixed income portfolios for institutional and retail clients worldwide. He is also a member of portfolio management teams responsible for managing stand-alone high-grade credit, multi-sector credit, and cross-over fixed income strategies. He is a member of the US Investment Committee, US Executive Committee and US Management Committee. He reports to Ken Taubes, Chief Investment Officer, US.
Prior to his position as Head of Fixed Income, Jon was most recently Director of Investment Grade Corporates and Senior Portfolio Manager. In that role, Jon led a team of investment professionals responsible for managing high-grade and crossover corporate credit exposure across all fixed income portfolios at Amundi US. He was responsible for managing stand-alone high-grade credit, multi-sector credit and cross-over fixed income and absolute return strategies.
Jon joined Amundi US (Smith Breeden Associates) in 1996 as Investment Analyst, and became a Portfolio Manager for Multi-Sector and Corporate Credit Strategies in 2000. In 2006, he was named Principal and Senior Portfolio Manager, adding an Absolute Return strategy to his PM role, as well as personnel management responsibilities. He also served as Deputy Chief Investment Officer from 2014-2017.
Prior to joining Amundi US in 1996, Jon was the Credit Officer for a member bank of Old National Bancorp.
He holds a Bachelor of Arts in Finance from the University of Illinois, Urbana-Champaign, graduating with distinction and departmental honors. He became a CFA® charterholder in 1999.
Kenneth J. Monaghan
Mr. Monaghan is Managing Director and Head of Global High Yield. Prior to joining Amundi US in 2014, Mr. Monaghan was at Rogge Global Partners where he was Partner and Portfolio Manager responsible for US High Yield and was an integral part of Rogge’s Global High Yield strategy; he also ran Rogge's New York office. He joined Rogge in 2008 from ING Investment Management where he was Managing Director and Portfolio Manager responsible for US High Yield. Mr. Monaghan brought ING's institutional US high yield strategy to Rogge. He co-founded the strategy in 1996 at a predecessor organization to ING and was co-portfolio manager of the strategy from its inception and the sole senior portfolio manager of the strategy from 2007 through June 2014 when he left Rogge. Prior to becoming a portfolio manager, Mr. Monaghan spent 13 years at Salomon Brothers starting as a high yield analyst eventually heading Salomon's high yield research effort in New York. He subsequently spent five years in London as head of Salomon's London credit research team and upon his return to New York in 1991 launched Salomon's nascent distressed credit effort. He spent his final years at Salomon as a Director of Institutional Sales. He began his career as a credit analyst at Lord, Abbett & Co. Mr. Monaghan is a graduate of Colgate University and holds both a Master of Business Administration (MBA) degree in Finance and a Master of Public Administration (MPA) degree from New York University.
Andrew D. Feltus, CFA
Managing Director, Co-Director of High Yield
Nationwide Amundi Global High Yield Fund
Andrew Feltus is a Managing Director, Portfolio Manager, and Co-Director of the High Yield team based in Boston. In addition to his role as a Portfolio Manager on U.S. high yield, global high yield, and multisector portfolios, Andrew co-leads a team of portfolio managers who specialize in identifying and capitalizing on high yield and bank loan opportunities globally. The team also provides insight and recommendations for a number of multisector fixed income strategies managed by the U.S. fixed income team. Andrew holds a B.A. in quantitative economics and philosophy from Tufts University. He is a CFA charterholder.