News - Page 28 - Mapfre AM

MAPFRE AM celebrates the victory of Borussia Dortmund

MAPFRE AM celebrated this victory like all other fans of the German team and, specifically, the MAPFRE AM Behavioral Fund, which has invested a large part of its portfolio in sports companies and soccer teams.

The de-dollarization myth: why the dollar won’t lose its hegemony in the short term

The U.S. dollar has been the leading currency for currency transactions and reserves over the last 80 years. ¿Is its hegemony in risk?

Matellán: “There is payment capacity in the US. What’s lacking is political will”

Investors’ eyes are firmly locked on the U.S. debt ceiling debacle. Alberto Matellán, chief economist at MAPFRE Inversión, emphasizes that this is a purely political situation.

“European commercial banking remains attractive”

The banking sector has started the year on a strong foot, but in Europe it's still attractive, said MAPFRE AM's equity investment manager, María Torres.

Market must refocus on inflation

Uncertainty about economic growth seems to have replaced inflation as investors' main concern, despite the fact that the CPI is not falling as fast as expected by central banks. Alberto Matellán, chief economist at MAPFRE Inversión, believes this is a mistake and that investors should not lose sight of rising prices, which are much more damaging to the economy than weak growth.

What is the debt ceiling and why should it be of concern to investors?

The United States could run out of money to meet its obligations in less than a month. This isn’t due to economic problems: the country is in a solvent position and there aren’t any non-payment precedents on record, but political polarization has caused the negotiation of the debt ceiling, which was previously considered almost merely an administrative process, to lead the country to the precipice of default.

“We have adjusted our portfolios to be shorter in duration with a greater commitment to core debt compared to the periphery”

In the section "MAPFRE AM's interview of the month", we talk to Carmen Mondéjar, head of fixed income investments, who explains the firm's strategy in this asset class.

The ECB and the Fed stay the course despite banking turbulence

The banking sector situation is putting central banks between a rock and a hard place, given the current divergence between economic and financial stability. This is adding to the cumulative effect of monetary policy and the response lag, as well as uncertainty relating to the performance of risk, as MAPFRE Economics explains in a recent report.

MAPFRE AM, leading independent manager in profit

MAPFRE AM, MAPFRE's asset manager with almost 40 billion under management, has become the leader in profits as an independent asset manager, with more than 33 million euros. If the management companies of the banking groups are included, MAPFRE AM is in the top ten in Spain.