Amundi-Akba․ hamashkharhayin tntesutyan zargacman scenarner@՝ 2-rd kisamyaki hamar

Tue, 04 Aug 2026 14:41:51 +0400

Hamashkharhayin tntesutyun@ minch ayzhm dimakayun e gtnvel Merdzavor Arevelqi hakamartutyan paymannerum։ Verjin tarineri bazmaki cncumner@, hatkapes ashkharhaqaghaqakan iradardzutyunnerov paymanavorvats, @nkerutyunnerin ev tntesakan qaghaqakanutyun mshakoghnerin dardzrel en aveli tchkun։ Nranc harmarvoghakanutyun@ karogh e arajika eramsyaknerum nvazecnel tntesakan ankman risk@։ Aynuamenayniv, derevs shat ban kakhvats e navti matakararumneri verakangnman aragutyunic։

«Dimackun linelu aravelutyun@։ 2026t․ 2-rd kisamyaki nerdrumayin herankarner» khoragrov
Amundi nerdrumayin instituti verlutsutyan mej nerkayacvats e tntesutyan zargacman 3 scenar։

1. 60% havanakanutyamb himnakan scenar

Entadrvum e, vor tarva 2-rd kisamyakum Merdzavor Arevelqum larvatsutyun@ astitchanabar ktulana։ Navti gner@ kmnan bardzr, sakayn ktruk atch chi aknkalvum։ Hamashkharhayin tntesakan ankum nuynpes chi aknkalvum։ Nerdroghneri koghmic nakhapatvutyun@ ktrvi kayun atch unecogh @nkerutyunnerin, iracveli ev irakan aktivnerin, Evropayi ev Asiayi shukanerum @ntroghakan nerdrumnerin, inchpes naev humqayin apranqneri mijocvov riskeri apahovagrman@։

2. 25% havanakanutyamb bacasakan scenar

@st ays scenari՝ hakamartutyun@ aveli e srvum kam tekhnolvogiakan/arhestakan banakanutyan hatvatsum ktruk ankum e nkatvum։ Navti gner@ karogh en zgalioren bardzranal, isk gnatchayin tchnshumner@՝ stipel kentronakan bankerin sharunakel tokvosadruyqneri bardzracum@։ Kuzheghana riskic khusapelu tramadrutyun@։ Tchnshman tak khaytnven aveli catsr varkayin vorak unecogh partqayin gortsiqner@, isk nakhapatvutyun@ ktrvi kankhik mijocnerin, kartchazhamket nerdrumayin gortsiqnerin ev apahov arzhuytnerin։

3. 15% havanakanutyamb drakan scenar

Drakan scenar@ entadrum e Merdzavor Arevelqum husali khaghagh kargavorum, neghuci verabacman hstak herankar ev arhestakan banakanutyan zargacman barenpast shrjan։ Ays paymannerum gnatch@ kmeghmana, isk vstahutyun@ kverakangnvi՝ ardzanagrelov partatomseri shukayi ev riskayin aktivneri gravchutyan atch։

Portfeli karucum gnatchi paymannerum

Gnatchayin mijavayrum portfeli karucman harcum vtchrorvosh nshanakutyun uni tchkunutyun@, hatkapes՝ fiqsvats ekamtayin gortsiqneri masov։ Petakan partatomser@ sharunakum en mnal portfelneri ekamtaberutyan karevor aghbyur, sakayn bardzr gnatchayin riskeri ev dramavarkayin qaghaqakanutyan shurj pahpanvogh anorvoshutyan paymannerum dranc՝ vorpes diversifikacman gortsiqi der@ vorosh chapov tulanum e։ Ays paymannerum pahpanvum e AMN petakan partatomseri zhamketaynutyan (Duration) nkatmamb chezoq dirqorvoshum։ Mievnuyn zhamanak, AMN nerdrumayin dasi (IG) nkatmamb motecum@ poqr-inch drakan e՝ hashvi arnelov dranc hamematabar bardzr dimakayunutyun@ gnatchayin cncumneri nkatmamb։ Drakan en gnahatvum naev evropakan nerdrumayin dasi partatomseri herankar@։ Miazhamanak bardzr ekamtaberutyan (HY) partatomseri nkatmamb motecum@ mnum e aveli zgushavor, hatkapes AMN-um, vortegh spredneri neghacum@ teghi e unecel bazhnetomseri shukayi atchin zugaher։ Evropakan bardzr ekamtaberutyan partatomseri nkatmamb gnahatakan@ nuynpes zusp e։ Teev korporativ spredner@, amenayn havanakanutyamb, kpahpanven hamematabar negh makardaknerum, tsakhseri atch@ ev sahmanapak gnagoyacman hnaravorutyunner@ tarva 2-rd kisamyakum karogh en bacasabar azdel arandzin volortneri gortsarnakan dramakan hosqeri vra։

Bazhnetomseri shukayum karevor e khusapel chapazanc kentronacvats dirqeric ev nerdrumayin hnaravorutyunner@ gnahatel aveli khorutyamb՝ te՛ arandzin volortneri, te՛ erkrneri makardakov։ Ays hamateqstum volortayin @ntrutyunner@ vtchrorvosh nshanakutyun kunenan։ Gnagoyacman azdecutyun@, matakararman shghtaneri veradasavorumic bkhogh hnaravorutyunner@ ev petakan qaghaqakanutyan ajakcutyun@ himnakan gortsonnern en, voronq barenpast mijavayr en steghtsum ardyunaberutyan, komunal tsarayutyunneri ev finansakan hatvatsneri hamar։

AMN bazhnetomseri shukayi nkatmamb gnahatakan@ @ndhanur armamb chezoq e։ Aknkalvum e, vor tarva erkrord kisamyakum AMN-um nerdrumayin ev shahutaberutyan cikl@ ksharunaki ajakcel bazhnetomseri shukayin, @nd vorum՝ atch@ chi sahmanapakvi miayn khoshor tekhnolvogiakan @nkerutyunnerov։ Mievnuyn zhamanak Evropayi ev Tchaponiayi shukaner@ gnahatvum en drakan՝ Evropakan miutyan koghmic razmavarakan nshanakutyan nerqin volortneri nkatmamb atchogh ushadrutyan ev Tchaponiayum irakanacvogh korporativ barepokhumneri shnorhiv։

Apranqahumqayin aktivneri shukayum arajika mek tarva hamar menq sharunakum enq pahpanel vosku nkatmamb drakan kankhatesum@՝ npatakayin gin@ sahmanelov 5,500 AMN dolar։ Mer gnahatmamb՝ gneri atchin ksharunaken ajakcel hatkapes zargacogh erkrneri kentronakan bankeri aktiv gnumner@, hanqardyunahanman sahmanapak arajark@ ev hamashkharhayin partqi sharunakakan atch@։ Ays fonin nerdroghner@ dzgtum en aveli ardyunavet diversifikacnel portfelner@ ev pahpanel kapitali arzheq@, inchn el sharunakum e ajakcel vosku pahanjarkin։

Arhestakan banakanutyun@ ev tekhnolvogiakan @nkerutyunner

Arhestakan banakanutyun@ (AB) sharunakum e mnal shahuyti atchi karevor sharzhich uzh@՝ te՛ tarber taratsashrjannerum, te՛ tarber volortnerum։

Nerdrumayin tesankyunic arhestakan banakanutyan arzheqayin shghtan aylevs miayn tekhnolvogiakan ughghutyun che։ Ayn @ndgrkum e aveli layn shrjanak, pahanjum e aveli mets kapital nerdrumner ev gnalov aveli mets azdecutyun e krum ashkharhaqaghaqakan zargacumneric։ Arzheqayin shghtayi himnakan oghak@ nerarum e chiper@, kisahaghordichneri artadrutyan sarqavorumner@ ev hashvarkayin entakarucvatsqner@, voronq apahovum en arhestakan banakanutyan tekhnolvogianeri gortsarkum@։ Henc ays oghakum en @nkerutyunner@ pahpanum gnagoyacman amenamets hnaravorutyunner@։ Himnakan ev mijankyal oghakneri sahmanagtsum hishoghutyan hamakarger@, patetavorman tekhnolvogianer@, serverayin ev cancayin entakarucvatsqner@ kapum en hashvarkayin hzorutyunner@ gortsnakanum kirarvogh hamakargeri het։ Ays hatvats@ evs bardzr ardyunqner e grancel։ Ayzhm nerdrumayin hnaravorutyunnern @ndlaynvum en depi mijankyal oghak, vor@ nerarum e ampayin tsarayutyunner@, modelner@, tvyalneri kentronnern u energetik entakarucvatsqner@, apa՝ depi verjnakan oghak, vortegh kentronacats en verjnakan ogtagortsoghneri hamar nakhatesvats havelvatsner@։ Qani vor arzheqayin shghtan layn e, isk dra tarber oghakner@ kentronacats en tarber taratsashrjannerum, shahuyt@, amenayn havanakanutyamb, nuynpes kbashkhvi ashkharhagroren։ Miazhamanak tekhnolvogiakan, qaghaqakan ev ashkharhaqaghaqakan popvokhutyunner@, inchpes naev fizikakan sahmanapakumner@ portfeli layn diversifikacum@ dardznum en arancqayin։

2026t ․ 2-rd kisamyaki nerdrumayin herankarnerin karogh eq tsanotanal kic hghmamb ․

Amundi-Akban gortsarkel e Amundi-Akba hetazotakan kentron@՝ finansakan shukayi masnakicnerin tramadrelu hasaneli, husali ev ardiakan verlutsutyunner global nerdrumayin herankarneri, shukayakan popvokhutyunneri, tntesakan zargacumneri ev ashkharhaqaghaqakan azdecutyunneri veraberyal, voronq hraparakvum em yuraqanchyur amis:

Amundi nerdrumayin institut

Amundi nerdrumayin institut@ steghtsvel e hatchakhordneri het razmavarakan erkkhosutyun@ barelavelu ev Amundii arajatar dirq@ tntesakan ev finansakan hetazotutyunneri volortum amrapndelu hamar: Ayn verlutsutyunner e tramadrum tntesakan ev shukayakan zargacumneri veraberyal, neraryal dranc azdecutyun@ nerdroghneri vra:

Amundi-Akba Aset Menejmenti masin

Amundi-Akba Aset Menejment@ himnadrvel e 2013t: @nkerutyun@ karavarum e ereq partadir
kutakayin kensatoshakayin fond՝ 2026t․ hunisi 30-i drutyamb karavarman nerqvo aktiver@ kazmel en aveli qan 842 mlrd dram։

@nkerutyan bazhneterern en fransiakan Amundin, vor@ Evropayi arajatar aktivneri karavarichn e shurj 2․6 trilion evrvo karavaman nerqvo aktivnerov 2026t․ hunisi 30-i drutyamb, ev Akba Bank@, vor@ Hayastani khoshor finansakan hastatutyunneric e, nerkayacvats e erkri amboghj taratsqum, uni 63 masnatchyugh։