The market's expectations for lower interest rates are "excessively" optimistic, according to MAPFRE Gestión Patrimonial in its monthly report for January, where it explains that these expectations are not justified from the point of view of inflation and growth.
The first week of the year has been accompanied by caution in the markets after the bullish rally at the end of 2023, with falls in both fixed income and equities, but investors have reasons for optimism, given the expectation of a drop in rates.
MAPFRE AM, the MAPFRE Group asset manager, concluded 2023 with over 400 million euros in underwriting to mutual funds, bringing the total assets under management for the firm to over 10.64 billion euros.
Following a particularly complicated 2022 for all asset classes, marked by inflation, monetary tightening and economic weakening, this year will end very strongly on the markets, and everything suggests that this optimism will carry over into 2024.
The mantra of 'higher for longer' that the U.S. Federal Reserve (Fed) and the European Central Bank (ECB) have insisted on repeating in their communications over the last year seems to have been short-lived for the market.
In this new edition of "MAPFRE AM's Interview of the Month", with which we show the professional and personal side of the colleagues of the MAPFRE Group's asset manager, we talk to Estanislao Del Campo, LATAM Investment Director at MAPFRE AM:
The specialist collective investment and asset management publication, FundsPeople, has nominated MAPFRE as part of its FundsPeople Awards Spain in the Best Sustainability Team at a national company and Best Institutional Investment Team in Alternatives categories.
Regulation has played an essential role in the development of ESG investment, although for it to work, it's essential that it be clear and understandable for individual investors, according to the team at La Financière Responsable.
Alberto Matellán, chief economist of MAPFRE Inversión and responsible for the integration of LFR into the Group, explains, in an interview with ElEconomista, the reasons why MAPFRE decided to acquire a majority stake in this French boutique specializing in ESG and the opportunities offered by the French market.
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