SINGAPORE (Apr 22): Most investors have traditionally focused on ensuring their portfolios generated the maximum amount of returns on their capital. But attitudes, especially among institutional investors, are changing. The focus now is on mitigating risk rather than maximising returns. French investment manager Amundi Asset Management puts it down to a combination of stricter regulations everywhere and the inability to bear significant losses — particularly in the case of pension funds — a legacy of the global financial crisis and European sovereign debt crisis.

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