It is a known fact that insurance companies’ balance sheets are, in general, very conservative. The nature of the business requires this, since it must achieve an adequate match between the period and interest rate of liabilities assumed and the investment instruments backing them.
May ended with a slight recovery in riskier asset prices. However, we should not take this as a change in trend.
The European energy sector breathes a sigh of relief. Following the recent decision by the European Union to reduce its energy dependence on Russia, OPEC (Organization of Petroleum Exporting Countries) has responded positively.
Key economic indicators continue to show signs that the light at the end of the tunnel is just a flicker: while inflation is expected to continue its upward trajectory (currently at 8.1% in Spain), the OECD has lowered it’s growth forecast for Spain for 2022 to 4.1% (from 5.5%).
MAPFRE has become the Spanish company with the highest projected dividend yield for the next 12 months. In terms of specific numbers, the Group currently has a dividend yield of 8.20%, surpassing the market consensus’ expectations of a 7.7% yield for the insurance company.
For investors, spinoffs—turning a division into a publicly traded company by issuing newly created stock—can unlock value.
“It’s a hard time to invest in the United States.” And in the rest of the world. Joking in an interview with EXPANSIÓN, Jonathan Boyar is CEO of Boyar Value Group, the U.S. manager that MAPFRE hired three years ago to advise it on the management of the MAPFRE AM Forgotten Value fund.
MAPFRE and its partner Abante, of which it owns 20%, take the top ranked spots in both securities broker and dealer businesses in the first quarter of this year.
MAPFRE AM's institutional sales director is the third guest in the series of interviews with the asset manager's professionals.
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MAPFRE AM Responsible Inclusion
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Global Bond Fund