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Citywire Recognition of MAPFRE's financial managers and advisors

Oct 25, 2022

Redacción Mapfre

Redacción Mapfre

Citywire, the specialized publication, recognized the excellent work of both MAPFRE's mutual fund managers and its financial advisors. As for the first group, five managers from MAPFRE AM, the insurance Group's asset manager, have achieved the coveted ranking from Citywire, whose fund management rankings are highly regarded internationally. Luis García has procured the + rating for managing the MAPFRE Am Behavioral fund; Thomas Nugent has procured the same rating for Fondmapfre Bolsa Europa FI, Fondmapfre Renta Mixto FI, MAPFRE AM European Equities, and MAPFRE AM Good Governance. Beatriz Ranea was also awarded the + rating for managing Fondmapfre Elección Moderada FI, Fondmapfre Renta Mixto FI, and Fondmapfre Rentadólar FI.

One rank ahead, with an A rating, is David Iturralde for managing four funds: Fondmapfre Renta Corto FI, Fondmapfre Renta Fija Flexible FI, Fondmapfre Renta Mixto FI, and MAPFRE AM Capital Responsable. On the highest rung, with an AA rating, is Daniel Gómez for managing MAPFRE Fondtesoro Plus FI and Fondmapfre Renta Fija Flexible FI.

For almost 20 years, Citywire has been rating the track records of more than 16,000 fund managers worldwide. They are present in 64 countries and in more than 280 investment sectors. The performance of each professional is analyzed using a methodology approved by AKG, an independent actuary, and is based on monthly data for the last three years. The review covers the entire market, which means that all managers are eligible for this recognition.

Achieving a Citywire rating represents a milestone, as less than 25% of fund managers reviewed will achieve it. Four ratings are assigned: +, A, AA, and AAA, which is the highest.

MAPFRE Gestión Patrimonial (MGP), finalist in the Private Banking Awards

On the financial advisory side, MAPFRE Gestión Patrimonial (MGP) is positioned as one of the finalists, in different categories, in this year's second edition of Citywire's private banking awards. It is competing for two of the nine corporate awards: best investment proposal and agent network of the year.

In parallel, four MGP colleagues are competing for individual awards. Lluis Saltó Jordana and Andrea Rico Cabrera are finalists in the categories of best banker of the year and best banker of the east. Cristian Herrezuelo and Antonio Jiménez Colilla are competing for the title of promising banker of the year. Winners will be announced on November 3.

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High levels of debt and deficit in many countries are among the main medium-term risks to the stability of the financial system. Both the financial system and the real economy may be impacted by public and private leverage aimed at sustaining dynamism, as detailed in the report “Economic and Sectoral Outlook 2024: Prospects for the Second Half of the Year,” by MAPFRE Economics.

How to buy the Knicks and the Rangers 50% off

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Madison Square Garden Sports Corp. (NYSE: MSGS) owns two of the most iconic franchises in the world of sports: the New York Knicks and the New York Rangers. Over the past 4 years, the value of the Knicks and Rangers as estimated by Forbes have increased by 65% and 61%, respectively, but despite this substantial increase, MSGS’s shares have increased by a meager 26%.

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