Latest news:

MAPFRE AM joins the Top 10 asset managers in Spain

Nov 8, 2023

Redacción Mapfre

MAPFRE has entered the Top 10 of asset management firms in Spain, with assets under management totaling 9.9 billion euros, according to the barometer prepared by FundsPeople monthly. When management of the group's financial investments is taken into account, the total exceeds 30 billion.

Mutual funds experienced the best growth so far this year, standing at 3.15 billion euros, up 12% on last year’s close. MAPFRE AM has a wide range of funds in place to adapt as much as possible to different risk profiles: from equity vehicles with ESG characteristics, such as MAPFRE AM Inclusión Responsable, to the latest guaranteed fund launches, such as FONDMAPFRE Garantía II.

“We’re growing a lot in mutual funds thanks to distribution agreements with other financial institutions,” explains Álvaro Anguita, CEO of MAPFRE AM. "In pension funds, we’re also seeing significant positive net subscriptions. These are quite good results, taking into account the current economic context."

MAPFRE AM also stands out in terms of profitability, with an average return at the end of October of 3.52 percent, as highlighted by the financial newspaper Expansión based on data from Vdos. The Group's vehicles are therefore among the most profitable among those of the largest asset managers.

U.S. supremacy in the stock market for 2025

The supremacy of the U.S. market is evident, reinforced by Trump's pro-growth policies and a constant flow of money from investors attracted by the strong expected returns compared to other geographical regions.

Aspects to consider before you retire

In the 21st century, life expectancy has reached levels that would have been unimaginable just a few decades ago. This means that many people live a long time after retirement, so it's crucial to carefully consider what your financial situation will be when you stop working and explore ways to improve it.

“We believe Europe's growth may surprise on the upside”

There are question marks hanging over Euope as we look to 2025, with early elections in Germany in February and a soaring deficit in France. Despite these gray clouds however, Javier Lendines, general manager of MAPFRE AM, is optimistic about Europe's growth forecasts.