ECONOMY | 16.12.2021
The insurance world is no stranger to the global crisis in the supply chain: the delays accumulating in distribution chains are changing the way these large operations are covered.
Currently, one of the Group’s major avenues for growth is through its bancassurance partners: MAPFRE has agreements with more than 50 entities in 15 countries, making it the leading company in this modality in the region.
The insurance group’s fund manager is stepping up its commitment to institutional investors, with a target of 500 million in net inflows by 2022. In addition, after starting to sell funds in France and domiciling a large part of its products in the United Kingdom, it will make the leap to Latin America.
The Impact Task Force (ITF) presented a report in London that includes recommendations to boost impact investing globally. Among these, SpainNAB highlights MAPFRE AM and GSI’s 2020 fund to provide financing to high social impact companies in Sub-Saharan Africa.
The bond market was already discounting three rate hikes in the US and the Fed confirmed this forecast this week. Ismael García Puente, fund selector at MGP, analyzes the consequences of the decision on both equity and fixed income assets.
Alberto Matellán, chief economist of MAPFRE Inversión, believes that next year’s rises will be more contained, although the Spanish selective index “has room for optimism”, supported by the large weight of banks in the IBEX and the large exposure of companies in Latin America, a region which, despite being one of the worst affected by the pandemic, can turn the situation around.