ECONOMY | 17.02.2022
The experts have stopped talking about price level transience. As Gonzalo de Cadenas-Santiago, director of macroeconomic and financial analysis at MAPFRE Economics, points out in his regular column in El Confidencial, the second-round effects will be greater as long as the price of raw materials and energy continue their upward course.
The generalized falls in the stock market at the beginning of the year can yield some attractive buying opportunities in the market, especially with those assets that have been “forgotten” by the market, but which have real potential. Boyar Value Group has compiled a list of the most interesting stocks for the year ahead (its famous Forgotten Forty list).
The desire to excel, having patience and persevering through the ups and down, as we see in athletes like Rafa Nadal, can serve as a guide for investors. According to Luis García, fund manager at MAPFRE AM, taking these factors into account can also help investors make as few unforced errors as possible.
Recording almost 43 million euros in profits in 2021, MAPFRE Inversión improved on last year’s figure by 17%, delivering its best result to date. Investor interest in products linked to ESG criteria is undoubtedly one of the reasons behind the surge in interest for sustainable investment solutions.
No one can predict the next move in the diplomatic crisis in Ukraine with any certainty. However, experts such as Ismael García Puente from MAPFRE Gestión Patrimonial, believe that aspects such as possible sanctions against Russia or a disruption to gas supplies should be taken into account, with the latter endangering the supply chain should they occur.
What assets can protect investors from geopolitical tensions, inflation or general uncertainty? Alberto Matellán, chief economist at MAPFRE Inversión, points out some interesting sectors in this context, although he recommends “avoiding day-to-day movements and shutting out the noise”.