ECONOMY | 03.06.2021
MAPFRE AM, with a presence in 25 countries, has been broadening its reach through partnerships since 2017, when it bought into the French boutique, La Financière Responsable. Since then, assets under management have continued to grow and it currently has several funds in the market with the SRI Label. El Economista journal analyzes the situation of the Group’s asset management unit, which has surpassed 1.2 billion euros in assets.
Year after year, Spanish fund managers have been increasing their presence abroad, and at the end of April, companies in the sector held close to 15.5 billion euros in Luxembourg. Funds People magazine has compiled a ranking of national fund managers who also operate outside Spain, which puts MAPFRE AM in second position, with assets in excess of 1.2 billion euros.
As part of the celebration of the 5th edition of Iberian Value, Jonathan Boyar, president of Boyar Value Group, accompanied by Eduardo Ripollés, director of institutional business at MAPFRE AM, presented the alliance between the two groups and explained and analyzed the company Angi, one of the bets of MAPFRE AM US Forgotten Value Fund.
The ECB is sensing how the economic recovery in the Eurozone is going better than expected, yet the narrative is still based on inflation and uncertainty. Alberto Matellán, chief economist at MAPFRE Inversión, reviews the current market situation and points to reading as a key factor in terms of retail investors educating themselves on the intricacies of the markets.
The depreciation of some Latin American currencies and the impact of the pandemic meant that total insurance sector premium volume grew in only the most marginal terms in 2020, by 0.2%. The Ranking of Insurance Groups in Latin America report produced by MAPFRE Economics shows that MAPFRE continues to lay claim to the number one spot in the Non-Life ranking in the region, with a market share of 6.5%.
The seventh edition of the magazine, prepared by MAPFRE’s research arm, analyzes the latest reports related to the pension system, financial inclusion in insurance, the economic and industry outlook and the Spanish insurance market. It also includes a more updated, dynamic and intuitive design, offering easier navigation.